Dallas

PAC Sells 300-Unit Dallas Community
Steadfast Cos. paid about $44 million for Enclave at Vista Ridge, a Class A community located in a northwestern suburb of Dallas. The sale was subject to a $29.1 million Fannie Mae loan.
Market Rate
North Dallas 152-Unit Community Changes Hands
A Dallas-based partnership acquired Sienna Creek from Madera Residential. The buyer plans to rebrand the property and to implement a value-add strategy. The community is situated within the Richardson Independent School District.
Market Rate
Michelle Duncum Climbs the Ladder at FDG
The 25-year industry veteran was promoted to COO after almost four years at Faulkner Design Group. In her new role, Duncum will be responsible for managing the company’s daily operations.
Architecture & Design

  • New DFW Affordable Senior Living to Open This Fall

    Mustang Creek Estates will build a 42,000-square-foot assisted living and memory care community in Sachse, Texas. The new development will comprise six homes, each housing up to 16 seniors.

    22 May 2017 15:34

  • Luxury Community Underway in Fort Worth Historic Neighborhood

    Embrey Partners has broken ground on the Kelley, a 10-acre, 353-unit community on Samuels Avenue. The company will renovate a Victorian era home and relocate another one built in 1903.

    17 May 2017 15:28

  • JV Opens Dallas Apartments

    Novare Group and Batson-Cook Development Co. completed Victory Place, a 25-story community with 352 units. Located near uptown in the Victory Park neighborhood, the project is across the street from American Airlines Center.

    17 May 2017 08:16

  • Westmount Welcomes New Director

    Kevin Michels has 14 years of experience in commercial real estate with a primary focus on asset analysis and evaluation. In his new position, he will provide analysis of Westmount’s multifamily portfolio.

    12 May 2017 06:58

  • Younger Partners Names New Investment Broker

    Lew Wood has more than 38 years in commercial real estate and previously worked at Henry S. Miller, Cushman & Wakefield and Coldwell Banker Commercial Brokerage.

    05 May 2017 10:59

  • Dallas Job Stats Point to Continued Growth

    According to the Bureau of Labor Statistics, Dallas trails only New York City when it comes to job creation, meaning that people will continue to flock to the Texan city for work. The city's current 95.1 percent occupancy rate indicates that it doesn’t have the massive multifamily shortage seen in other metros.

    02 May 2017 23:35

  • DFW Community Lands $9M Fannie Mae Refi

    Dougherty Mortgage arranged the 10-year loan with a 30-year amortization schedule for Villa Creek in Farmers Branch, Texas.

    02 May 2017 12:59

  • Fort Worth Community Lands Fannie Mae Loan

    Dougherty Mortgage has secured a $3.6 million, 12-year term financing agreement for a 90-unit market-rate community. The loan has a 30-year amortization schedule.

    02 May 2017 08:31

  • Condo Development Coming to Dallas

    Metropolitan Capital Advisors arranged a $9.6 million construction loan for Destination Residences, a 62-unit, multi-story condominium project in The Cedars neighborhood.

    28 April 2017 17:51

  • Hunt Mortgage Closes Refis for TX Portfolio

    The properties encompass more than 900 units and are located in Balch Springs, Irving and Dallas. Hunt Mortgage Group provided a total of $36.7 million.

    28 April 2017 04:30

  • Cornerstone Senior Living Expands in TX

    The company acquired Three Forks of Forney, a 60-unit, 72-bed assisted living and memory care community in Forney, for $12.5 million.

    26 April 2017 17:26

  • Dougherty Secures New Loan for Northridge Court Apartments

    The company closed a 7.25-year Fannie Mae supplemental loan for the 12-building, 86-unit property.

    26 April 2017 08:35

  • Dallas Community Hits the Market

    Boyan Radic and Doug Banerjee of Greysteel's DFW offices will market the two-building, 94-unit asset located 5 miles from Downtown.

    21 April 2017 15:08

  • HLC Equity Nabs 192-Unit Community in Dallas

    The property is located within the Plano Independent School District and offers 64 studios and 128 one-bedroom apartments.

    21 April 2017 06:58

  • Marcus & Millichap Closes Sale of TX Assisted Living Community

    The 87-unit, 95-bed assisted living and memory care community offers studio, one- and two-bedroom apartments ranging from 365 to 864 square feet.

    17 April 2017 14:56