Texas

The Flats at 183 in Irving, Texas
Investment SalesNewsTexas

AptVest Sells 228-Unit Community in Metro Dallas

by Channing Hamilton

IRVING, TEXAS — AptVest has sold The Flats at 183, a 228-unit community in Irving, 13 miles west of downtown Dallas, for an undisclosed price. Nick Fluellen and Bard Hoover of Marcus & Millichap’s Dallas office marketed the property on behalf of the seller. The identity of the buyer was not disclosed. Located at 3328 Willow Creek Drive, The Flats at 183 spans 127,680 square feet across 19 buildings. The property was originally built in 1968 and has undergone roughly $4.1 million in renovations since 2021, including interior unit upgrades, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

AvalonBay Acquires Two Communities Near Austin for $193 Million

by Channing Hamilton

BEE CAVE AND GEORGETOWN, TEXAS — AvalonBay Communities, a multifamily REIT based in Arlington, Virginia, has agreed to acquire Cielo and Retreat at Wolf Ranch, two properties located near Austin, for a combined purchase price of $193 million. The seller is BSR REIT, and the deal is expected to close in late March. Cielo is a 554-unit community in Bee Cave, roughly 17 miles west of Austin. The property was constructed in 2015. Retreat at Wolf Ranch is located 30 miles north of Austin and was built in 2017. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Valley Ridge in Rossville, Georgia
FeaturesFinanceFrom the MagazinesInvestment SalesMidwestNortheastSoutheastTexasWestern

Stage Set for Late-Year Uplift in 1031 Deals

by Channing Hamilton

Late last summer, optimism ran steady across the multifamily investment sales market. Prior to the Federal Reserve’s initial rate cut in September 2024, interest rates had remained stable throughout the year. The outlook was positive. But that more ebullient market proved temporary.  The Fed’s interest rate cut had a positive effect on the secured overnight financing rate (SOFR), which fell from 5.3 percent on Sept. 18, 2024, to 4.3 percent in early February 2025. The U.S. 10-year Treasury yield rose during the same period. On Sept. 18, 2024, the 10-year …

Continue Reading
0 FacebookTwitterLinkedinEmail
NOVA Apartments in San Antonio
Investment SalesNewsTexas

Metlife Investment Management Sells Community in San Antonio

by Channing Hamilton

SAN ANTONIO — Metlife Investment Management has sold NOVA Apartments, a 412-unit property located at 14200 Vance Jackson Road in San Antonio. NOVA Apartments was built on 31 acres in 2009. The asset spans 352,912 square feet of rentable space. Residents have access to amenities such as multiple pools, dog parks, an electric vehicle charger, jogging trail and fitness center. Robert Arzola, Ryan McBride and Robert Wooten of JLL Capital Markets represented the seller in the deal. The buyer and sales price were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Resident Retention at Risk webinar panelists
FeaturesIndustry ContentLeasing & MarketingMidwestNortheastOperationsSoutheastStudent HousingTechnologyTexasWestern

Webinar: Resident Retention at Risk — How to Prevent Quiet Leaving

by Sarah Daniels

The Feb. 25 webinar “Resident Retention at Risk — How to Prevent Quiet Leaving,” sponsored by Opiniion, brought together industry experts to discuss the most pressing challenges in multifamily and student housing and their strategies to improve resident satisfaction and retention. This one-hour discussion explored key factors influencing move-outs, including communication gaps, maintenance concerns and lease renewal hesitations. Speakers shared insights on effective property management strategies, community-building initiatives and engagement tactics that drive resident loyalty. The session highlighted best practices for feedback collection, strategic development and the role of online …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsOklahomaTexas

Home Invest Acquires 100-Unit Community in Del City, Oklahoma

by Channing Hamilton

DEL CITY, OKLA. — Home Invest, a private investment firm and fund manager headquartered in Sarasota, Florida, has bought Morgan Terrace in Del City, six miles east of Oklahoma City, Oklahoma. An undisclosed, California-based investor sold the asset for $3.7 million. According to Apartments.com, Morgan Terrace was completed in 1964 and offers one-, two- and three-bedroom units, as well as a courtyard and onsite laundry facilities.

Continue Reading
0 FacebookTwitterLinkedinEmail
Main & Mill in Lewisville, Texas
FinanceNewsTexas

Affinius Capital Provides $34 Million Loan for Refinancing of Metro Dallas Asset

by Channing Hamilton

LEWISVILLE, TEXAS — Affinius Capital has provided a $34 million loan for the refinancing of Main & Mill, a 203-unit complex in Lewisville, 25 miles northwest of Dallas. Lauren Kaufman of JLL arranged the loan on behalf of the property owner, AMAC Development. Main & Mill consists of 143 one-bedroom and 60 two-bedroom units, as well as 6,400 square feet of retail space. Each residence features quartz countertops, stainless steel appliances, walk-in closets and full-size washers and dryers. Select units also offer private patios and balconies. Residents have access to …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Gilman in Irving, Texas
DevelopmentNewsTexas

Rosewood Property Co. Breaks Ground on 370-Unit Project Near Dallas

by Channing Hamilton

IRVING, TEXAS — Locally based developer Rosewood Property Co. has broken ground on The Gilman, a 370-unit project in the Las Colinas district of Irving, about 10 miles west of Dallas. The Gilman will be situated on a 6.8-acre site. The complex will offer studio, one-, two- and three-bedroom apartments that will range from 615 to 1,460 square feet. Planned amenities include a pool, fitness center, dog park, clubroom, coworking lounge, courtyards and a sky lounge. Hensley, Lamkin, Rachel Inc. designed the project. Blackland Partners is serving as the general …

Continue Reading
0 FacebookTwitterLinkedinEmail
SKYE of Turtle Creek in Dallas
Investment SalesNewsTexas

Knightvest Capital Buys 331-Unit Uptown Dallas Community

by Channing Hamilton

DALLAS — Knightvest Capital has acquired SKYE of Turtle Creek, a 331-unit high-rise building in Uptown Dallas. SKYE of Turtle Creek was built in 1998. According to Apartments.com, the community offers one-, two- and three-bedroom floor plans. Amenities include a clubhouse, package service and a pet play area. The property also features direct access to Katy Trail, a 3.5 mile walking trail. The acquisition marks the sixth investment in Knightvest’s Fund II. The new owner plans to renovate a portion of the units and make updates to the exterior and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

Greysteel Arranges Sale of 77-Unit Dallas Community

by Channing Hamilton

DALLAS — Greysteel has negotiated the sale of Eclipse at Oak Lawn, a 77-unit community located in the Oak Lawn and Medical District neighborhoods of Dallas. Originally completed in 1966, Eclipse at Oak Lawn spans 67,094 square feet. According to Apartments.com, the community offers a mix of one- and two-bedroom units. Sterling Warren of Greysteel represented both the buyer, a local investment group, and the seller in the off-market deal. Neither party’s identity was disclosed. However, the transaction marked the buyer’s first acquisition in the Dallas-Fort Worth market.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.