Multifamily news in Dallas

LMC to Open 322-Unit Dallas Community
The first phase of The Briscoe, a community located in Dallas' Park Central District, will open its doors at the beginning of next month. The company has already started pre-leasing for the asset.
Market Rate
Capstone Expands Texas Portfolio With 4 Communities
Capstone Real Estate Services was awarded management of Sansom Park, Riverwalk, Hays Junction II and St. Paul’s Square Senior. The properties total more than 450 units.
Market Rate
Michaelson Acquires Dallas Apartments
Built in 1982, Chesapeake Apartments includes 126 units and features four floorplans. Currently the property is 98-percent occupied.
Finance & Investment

  • Southern Land to Develop TX Mixed-Use

    Morada Plano will comprise 183 units and 12,700 square feet of restaurant and retail space across two five-story buildings. Construction is scheduled for completion in 2018.

    13 September 2017 14:13

  • South Dallas Community Snags $10.5M Refi

    Justin Laub of Metropolitan Capital Advisors secured a 12-year term Fannie Mae loan for La Hacienda Apartments. The 16-building asset offers convenient access to and from interstates 20 and 35.

    12 September 2017 14:22

  • The Priciest Zip Codes in Texas

    Apartment search portal RentCafe ranked the 50 most expensive Zip Codes in Texas. Guess which one took the top spot?

    30 August 2017 14:49

  • JV Lands Acquisition Loan for West Dallas Asset

    S2 Capital and Pennybacker Capital teamed up for the purchase of a 250-unit market-rate community in Arlington, Texas. Mark Brandenburg of JLL led the team responsible for arranging the acquisition loan.

    28 August 2017 08:54

  • Balfour Beatty to Develop Student Housing Project in Texas

    Texas Woman’s University’s project will house up to 875 students and will feature approximately 30,000 square feet of dining space, beside classrooms, fitness center, exploratory learning and recreation space.

    17 August 2017 15:22

  • JLL Secures Acquisition Loan 332-Unit Affordable Community

    Sunridge 332 Partners LP landed a Freddi Mac loan through the Targeted Affordable Housing program. The west Dallas community is located minutes from President George Bush Turnpike and Interstate 20.

    14 August 2017 15:15

  • Walker & Dunlop Secures Financing for Texas Community

    The Flats at Frankford Station is a Class A 185-unit residential asset, which was completed in 2016. The property qualified for a Green Building Certification.

    14 August 2017 13:26

  • Fort Worth Luxury Development Lands Construction Loan

    Talos Holdings plans to break ground this month on a new 300-unit luxury community in Fort Worth, Texas. The development is scheduled for completion by the end of 2018.

    07 August 2017 15:16

  • Prescient Launches $194M Student Housing Project

    The 500,000-square-foot, mixed-use student housing community will comprise 413 units and 40,000 square feet of retail, dining and entertainment space. The project is slated for completion in fall 2018.

    03 August 2017 20:07

  • East Dallas Townhomes Lands Construction Loan

    AHC Funds secured $11.4 million for the first development stage of a 125-unit community in Dallas. Metropolitan Capital Advisors' Justin Laub negotiated the financing on behalf of the borrower.

    31 July 2017 14:55

  • Fort Worth Community Changes Hands

    Madera Residential sold Valencia, a 263-unit community, to a Dallas-based investment firm. Marcus & Millichap represented the seller and secured the buyer.

    27 July 2017 15:16

  • DFW Community Changes Hands

    A local partnership sold The Bristols Apartments, a market-rate multifamily property in Hurst, Texas. The new owner plans to renovate the 94-unit community.

    26 July 2017 21:14

  • Peak Campus Expands Management Portfolio With Over 2,000 Beds

    The property management company was awarded management of four student housing communities located in Texas, Nevada and North Carolina.

    25 July 2017 14:33

  • Dallas: Corporate Juggernaut

    The DFW metro continues to achieve some of the fastest job and household growth rates in the U.S. The area’s economy is among the most diverse in the country and added 145,000 residents in 2016 alone.

    25 July 2017 08:03

  • Dougherty Secures $7M Acquisition Loan

    On behalf of a private investor, Dougherty arranged the financing for the purchase of a Garland, Texas, market-rate community. The 12-year term, three-year interest-only Fannie Mae loan has a 30-year amortization schedule.

    24 July 2017 13:10