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ARA Newmark Brokers Sale of 360-Unit Community in Suburban Dallas
In a deal facilitated by ARA Newmark, California-based Frankel Family Trust has acquired Jefferson Center, a 360-unit apartment community located in the Dallas suburb of Richardson.
Behringer Grabs 435 Units in Dallas from Greystar
Behringer Harvard Opportunity REIT II Inc. completes a Dallas acquisition; HFF arranges $100.7 million for a development in Honolulu; and Hunt Mortgage Group refinances a multifamily property in Alabama.
Lincoln Completes Largest Texas M-F Sale of 2014
ARA brokers Lincoln Property Co.'s sale of a 784-unit asset in Irving, Texas; NorthMarq Capital completes a $20.5 million refinance for a San Francisco property; and Dougherty Mortgage closes $5.5 million for an affordable asset in St. Paul, Minn.