Dallas
Beachwold Residential Expands Dallas Presence
AIG secured $45 million in acquisition financing for the new owner of Austin at Trinity Green, a 355-unit property completed two years ago.
Senior Living Design Trends: Flexibility Comes First
Rockland Berg, the architect behind the Dallas-based firm called three, elaborates on the main design elements for modern, attractive senior housing communities.
JV Starts Work on Texas Student Housing Expansion
Balfour Beatty Campus Solutions, Wynne/Jackson and Star America are developing the $38 million project, which will add an additional 370 beds to serve the University of Texas at Dallas.
Western Wealth Capital Buys 504-Unit Dallas-Area Community
Berkadia originated a $48 million, Freddie Mac acquisition loan for the new owner. The company intends to implement a five-year, value-add improvement program at the property.
Harbor Group Relaunches Dallas’ Manor House
Following extensive upgrades, the 25-story property has a new look. Covington Hendrix Anderson Architects was in charge of the extensive interior and exterior makeover.
Affordable Age-Restricted Community Opens in DFW Suburb
Bethlehem Baptist Church broke ground on Pioneer Place a little more than a year ago. The 135-unit property serves senior residents in Mansfield, Texas.
Upgrades Boost Fort Worth Asset’s Appeal
Greysteel arranged the sale of a 53-unit community in Fort Worth. Recent capital improvements attracted investors and will enable future rent increases.
Ashcroft Capital Buys 548-Unit Community
The buyer financed the acquisition of MacArthur Place at 183 with a $42 million loan from Voya Financial. The community last traded in 2014 as part of a five-property portfolio.
American Landmark, RSE Capital Snag $247M Portfolio
The partnership acquired a total of 1,848 residential units across the Dallas-Fort Worth and Nashville metro areas in an off-market deal.
OpenPath Investments Acquires 250-Unit Dallas Community
The new owner intends to invest in improvements at the 2000-built Greens of Hickory Trail. Income restrictions at the 250-unit community will phase out by 2021.