Finance & Investment - Dallas

Michaelson Acquires Dallas Apartments
Built in 1982, Chesapeake Apartments includes 126 units and features four floorplans. Currently the property is 98-percent occupied.
Finance & Investment
South Dallas Community Snags $10.5M Refi
Justin Laub of Metropolitan Capital Advisors secured a 12-year term Fannie Mae loan for La Hacienda Apartments. The 16-building asset offers convenient access to and from interstates 20 and 35.
Market Rate
JV Lands Acquisition Loan for West Dallas Asset
S2 Capital and Pennybacker Capital teamed up for the purchase of a 250-unit market-rate community in Arlington, Texas. Mark Brandenburg of JLL led the team responsible for arranging the acquisition loan.
Market Rate

  • JLL Secures Acquisition Loan 332-Unit Affordable Community

    Sunridge 332 Partners LP landed a Freddi Mac loan through the Targeted Affordable Housing program. The west Dallas community is located minutes from President George Bush Turnpike and Interstate 20.

    14 August 2017 15:15

  • Walker & Dunlop Secures Financing for Texas Community

    The Flats at Frankford Station is a Class A 185-unit residential asset, which was completed in 2016. The property qualified for a Green Building Certification.

    14 August 2017 13:26

  • Fort Worth Luxury Development Lands Construction Loan

    Talos Holdings plans to break ground this month on a new 300-unit luxury community in Fort Worth, Texas. The development is scheduled for completion by the end of 2018.

    07 August 2017 15:16

  • East Dallas Townhomes Lands Construction Loan

    AHC Funds secured $11.4 million for the first development stage of a 125-unit community in Dallas. Metropolitan Capital Advisors' Justin Laub negotiated the financing on behalf of the borrower.

    31 July 2017 14:55

  • DFW Community Changes Hands

    A local partnership sold The Bristols Apartments, a market-rate multifamily property in Hurst, Texas. The new owner plans to renovate the 94-unit community.

    26 July 2017 21:14

  • Dougherty Secures $7M Acquisition Loan

    On behalf of a private investor, Dougherty arranged the financing for the purchase of a Garland, Texas, market-rate community. The 12-year term, three-year interest-only Fannie Mae loan has a 30-year amortization schedule.

    24 July 2017 13:10

  • California Investor Expands Texas Portfolio

    Creative Realty Partners acquired a 117-unit Dallas multifamily asset from Wellington Realty. The sale was subject to a $5.8 million loan from Hunt Mortgage Group.

    18 July 2017 12:10

  • BRT Nabs 509-Unit DFW Community

    BRT Apartments Corp. purchased Mercer Crossing from Provident Realty Advisors for roughly $86 million. For the acquisition, the buyer obtained a $55.2 million loan from Barings Multifamily Capital.

    14 July 2017 12:03

  • Meridian Secures $32M for Far North Dallas Community

    Azure Partners is set to acquire a 267-unit community in Fairview, Texas, completed last year. Meridian’s Abe Hirsch and Moshe Majeski secured the five-year, fixed-rate loan.

    05 July 2017 18:35

  • Austin Investor Acquires 10th Property in DFW

    NAPA Ventures plans to renovate both the exterior and interior of The Falls Apartments, its newly acquired 208-unit property in metro Dallas.

    30 June 2017 10:01

  • Texas Multifamily Portfolio Lands $77M Refi

    The portfolio was refinanced over the course of six months, with Walker & Dunlop Vice President Dough Hart leading the origination team. The 10-year term Fannie Mae loans have 30-year amortization schedules.

    28 June 2017 12:17

  • Dallas Community Lands $14M Refi

    The 12-year term Fannie Mae loan originated by Dougherty Mortgage LLC and Old Capital Lending has a 30-year amortization schedule. The 27-building community features studios, one- and two-bedroom apartments.

    21 June 2017 12:17

  • Greystone Refinances Dallas’ Largest Apartment Community

    Greystone's Rob Meehan originated the CMBS loan, which includes a 10-year fixed term at a low rate. Vineyards at Forest Edge is 95.2 percent occupied.

    14 June 2017 02:25

  • PAC Sells 300-Unit Dallas Community

    Steadfast Cos. paid about $44 million for Enclave at Vista Ridge, a Class A community located in a northwestern suburb of Dallas. The sale was subject to a $29.1 million Fannie Mae loan.

    29 May 2017 20:08

  • Dallas Job Stats Point to Continued Growth

    According to the Bureau of Labor Statistics, Dallas trails only New York City when it comes to job creation, meaning that people will continue to flock to the Texan city for work. The city's current 95.1 percent occupancy rate indicates that it doesn’t have the massive multifamily shortage seen in other metros.

    02 May 2017 23:35