Multifamily news in Dallas

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.
Affordable
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.
Slideshow
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.
Luxury

  • 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

  • New Luxury Senior Living Community Coming to Dallas

    Construction is underway at Firewheel Senior Living Residences, a new 154-unit community in Garland, Texas. Seneca Investments plans to open the property by the end of 2018.

    18 July 2017 12:31

  • California Investor Expands Texas Portfolio

    Creative Realty Partners acquired a 117-unit Dallas multifamily asset from Wellington Realty. The sale was subject to a $5.8 million loan from Hunt Mortgage Group.

    18 July 2017 12:10

  • BRT Nabs 509-Unit DFW Community

    BRT Apartments Corp. purchased Mercer Crossing from Provident Realty Advisors for roughly $86 million. For the acquisition, the buyer obtained a $55.2 million loan from Barings Multifamily Capital.

    14 July 2017 12:03

  • Marcus & Millichap Arranges Sale of Two Texas Communities

    The company worked on behalf of two Texas-based sellers for the sale of a 484-unit community in Fort Worth, Texas, and for the 536-unit property in Dallas.

    10 July 2017 16:03

  • Meridian Secures $32M for Far North Dallas Community

    Azure Partners is set to acquire a 267-unit community in Fairview, Texas, completed last year. Meridian’s Abe Hirsch and Moshe Majeski secured the five-year, fixed-rate loan.

    05 July 2017 18:35

  • Chicago Investor Buys Dallas Apartments

    Waterton acquired South Side Flats, a 288-unit community that offers a mix of studio, one- and two-bedroom apartments. The deal marks the company's third multifamily acquisition in 2017.

    05 July 2017 08:45

  • Austin Investor Acquires 10th Property in DFW

    NAPA Ventures plans to renovate both the exterior and interior of The Falls Apartments, its newly acquired 208-unit property in metro Dallas.

    30 June 2017 10:01

  • Texas Multifamily Portfolio Lands $77M Refi

    The portfolio was refinanced over the course of six months, with Walker & Dunlop Vice President Dough Hart leading the origination team. The 10-year term Fannie Mae loans have 30-year amortization schedules.

    28 June 2017 12:17