Market Rate Housing - Dallas

LMC to Open 322-Unit Dallas Community
The first phase of The Briscoe, a community located in Dallas' Park Central District, will open its doors at the beginning of next month. The company has already started pre-leasing for the asset.
Market Rate
Capstone Expands Texas Portfolio With 4 Communities
Capstone Real Estate Services was awarded management of Sansom Park, Riverwalk, Hays Junction II and St. Paul’s Square Senior. The properties total more than 450 units.
Market Rate
Southern Land to Develop TX Mixed-Use
Morada Plano will comprise 183 units and 12,700 square feet of restaurant and retail space across two five-story buildings. Construction is scheduled for completion in 2018.
Market Rate

  • 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.

    12 September 2017 14:22

  • 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.

    28 August 2017 08:54

  • 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

  • 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

  • Fort Worth Community Changes Hands

    Madera Residential sold Valencia, a 263-unit community, to a Dallas-based investment firm. Marcus & Millichap represented the seller and secured the buyer.

    27 July 2017 15:16

  • 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

  • Marcus & Millichap Arranges Sale of Two Texas Communities

    The company worked on behalf of two Texas-based sellers for the sale of a 484-unit community in Fort Worth, Texas, and for the 536-unit property in Dallas.

    10 July 2017 16:03

  • 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

  • Chicago Investor Buys Dallas Apartments

    Waterton acquired South Side Flats, a 288-unit community that offers a mix of studio, one- and two-bedroom apartments. The deal marks the company's third multifamily acquisition in 2017.

    05 July 2017 08:45

  • 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