Dallas
Dougherty Secures Acquisition Loan in North Dallas
The company arranged the 12-year term Fannie Mae loan in partnership with Old Capital Lending. The financing features a 30-year amortization schedule.
Olympus Property Launches 8th Fund
The firm added 869 units to its portfolio with the purchase of Olympus Steelyard in Chandler, Ariz.; Sundance Creek in Midland, Texas; and Sedona Ranch in Odessa, Texas.
UAH Promotes New President
Susanne Kleins brings more than 30 years of property management experience to the role, previously serving as the firm’s COO.
Economic, Supply Growth Remains High in Dallas
Both multifamily development and investment in DFW continue at a torrid pace, bolstered by one of the country’s best-performing economies and rapid population gains.
Cresta Properties Lands Refi for Dallas Community
The 144-unit property, constructed in 1963, offers a range of studios, one- and two-bedroom units in the city’s West Vickery Park submarket.
JPI Continues Dallas Investment
The company broke ground on a 409-unit luxury community, which will comprise approximately 300,000 square feet of office space and 22,000 square feet of retail.
On the Market: 5 Interesting Listings for the Week of 4/16
This week’s listings include a new community in West Seattle, duplexes in Denton, Texas, and 188 units in Phoenix’s busy Camelback corridor.
TX Portfolio Sells for $317M
Institutional Property Advisors has facilitated the sale of 12 multifamily properties across the state totaling 3,699 units.
Dougherty Secures Refinancing for Dallas Community
The 53-unit garden-style property, located in the city’s North Oak Lawn submarket, contains a mix of studio, one- and two-bedroom apartments.
Silverstone Healthcare to Open Dallas Assisted Living
HarborChase of the Park Cities will feature 134 assisted living and social and educational services, medication management and housekeeping.