Dallas
DFW Community Changes Hands
Marcus & Millichap facilitated the sale of the 288-unit Aspen Woods in Arlington. The new owner intends to execute a capital improvement program on the property.
Pacific Life Acquires North Texas Community
Jefferson LasCo is the fifth property developed by JPI in the Las Colinas submarket of Dallas.
Steadfast Cos. Sells 400-unit DFW Community
Greystone originated a $36.6 million Fannie Mae acquisition loan for the new owner, Texas-based CONTI Organization, which plans to rebrand the property as Bella Vista Apartments.
Lang Partners Breaks Ground on Fort Worth Community
The Dallas-based developer is bringing the high-end, 390-unit project to the city’s Near Southside district, a neighborhood in the midst of revitalization.
372-Unit Dallas Community Commands $53M
The sale marked the fourth acquisition for BSR Real Estate Investment Trust in under a year, bringing the entity’s portfolio to a total of 51 multifamily assets.
Recently Completed Dallas Community Trades
California-based trust Porgest Properties acquired Digit 1919 in the Cedars neighborhood. The first residents moved into the 102-unit property in late 2017.
HFF Lands $29M Loan for Dallas-Area Community
The financing arranged by NXT Capital will be used for the acquisition of a 250-unit, Class B apartment property in Plano, Texas.
Dougherty Mortgage Closes Supplemental Loan for DFW Property
The 122-unit Cedar Point in Seagoville received $1.3 million in Fannie Mae financing to complement the existing 2017 acquisition loan, both set to mature in 2029.
The Praedium Group Sells TX Community
Legends at Chase Oaks in Plano offers 346 units and underwent a comprehensive capital improvements program since its purchase back in 2014.
StreetLights Residential Opens Dallas Luxury Community
The Christopher represents the second phase of RED Development’s project The Union, a mixed-use property located in the city’s Uptown area.