Dallas
Dallas Multifamily Report – Summer 2020
While market fundamentals softened over the summer, the metro’s rebounding economy is helping the sector stay afloat.
Hamilton Zanze Sells Suburban Dallas Community
Public records show that Berkadia arranged a Freddie Mac acquisition loan on behalf on the buyer, Bridge Partners.
Wood Partners Sells Suburban Dallas Asset
The developer financed the project with a $24.2 million construction loan from MidFirst Bank in 2018.
Equus Capital Buys North Dallas Apartments
The buyer financed the acquisition of the 245-unit community through a $30.7 million Freddie Mac loan.
Newcomer Willowood Group Boosts Dallas Portfolio
Founded in late 2019, the multifamily investment firm has acquired some 650 units in the city so far.
Sovereign Properties Lands $49M Refi for Texas Apartments
Asia Capital Real Estate provided the loan for the 306-unit Millennium at Hometown in North Richland Hills.
ZOM Living Sells Recently Built North Dallas Community
A CBRE-sponsored fund purchased the 376-unit luxury property. The seller developed the asset using a $35.8 million construction loan from Texas Capital Bank.
Top Texas Metros for Multifamily Development in 2020
By August, developers had delivered 26,300 units in Austin, Dallas and Houston combined, placing the three areas among those with the highest multifamily completions in the country.
IPA Closes Dallas Multifamily Sale
Drew Kile, Will Balthrope and Joey Tumminello assisted the seller of the 125-unit community and secured the buyer.
Greystar Launches New Senior Housing Brand
The first project, Album Keller Ranch, will include 180 units in Fort Worth, Texas, for residents 55 years and older.