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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.
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.
Marcus & Millichap brokers the sale of a Dallas value-add property; M West Holdings buys 45 lofts in Los Angeles; and NorthMarq arranges a three-year, $10.9 million mortgage at a 30-year amortization schedule.National 12 March 2012 19:10