Dallas
Praedium Group Buys Dallas-Area Asset
Located in North Arlington, the 353-unit Arlington Commons was completed in 2018 and offers residents access to amenities such as a dog park, swimming pool and wellness center.
Greysteel Arranges Sale of 2-Property Dallas Portfolio
Luau and Koko Apartments have undergone capital improvements since 2017, including new roofs, parking lots, exterior paint and some interior upgrades.
Hunt Arranges Freddie Mac Loan for Texas Community
The 10-year fixed-rate loan marks the first one ARA closed in partnership with Hunt Real Estate Capital. The Village on West Irving Apartments last traded in October 2018.
BSR REIT Acquires 334-Unit Community in DFW Region
The purchase of Riverhill Apartments in Grand Prairie, Texas, was the REIT’s third since its initial public offering on the Toronto Stock Exchange in May.
390-Unit Community Underway in Dallas
Jefferson East Branch will be developed in two phases in the suburban Farmers Branch. The first phase is slated for delivery in 2020.
Berkadia Lands $37M for TX Asset
The borrower, American Landmark Apartments, will invest in capital improvements, including upgrades to unit interiors and amenity packages.
TCI Breaks Ground on TX Development
Situated within the 1,200-acre Mercer Crossing project in Farmers Branch, the 256-unit property is scheduled for completion by first quarter 2020.
SVN Brokers Sale of Dallas 171-Unit Community
The property, completed in 1974, was recently renovated, with the previous owner investing nearly $1.5 million in a capital improvements program.
JV Acquires Dallas Communities
HFF arranged the joint venture equity deal between Archway Equities LLC and Atlantic Creek Real Estate Partners LLC for the purchase of the properties totaling 712 units.
JPI Sells 371-Unit Luxury Community in Texas
Completed in 2017, Jefferson Riverside is the company’s latest development in Las Colinas. IPA brokered the sale of the property.