Texas

Gateway Crossing Apartments in Plano, Texas
Investment SalesNewsTexas

Bell Partners Buys 831-Unit Gateway Crossing Apartments in Plano, Texas

by Channing Hamilton

PLANO, TEXAS — Greensboro, North Carolina-based Bell Partners has acquired Gateway Crossing Apartments, an 831-unit community in Plano. Daniel Baker of CBRE brokered the deal. The seller and sales price were not disclosed. Gateway Crossing Apartments was built in phases between 2013 and 2017. The community features one-, two- and three-bedroom apartments with an average size of 950 square feet. According to Apartments.com, the property features amenities such as a fitness center, clubhouse, game room, lounge, media center, pet play area, business center, multiple pools and outdoor grilling and dining …

Continue Reading
0 FacebookTwitterLinkedinEmail
Industry VoicesMidwestNortheastOperationsSoutheastTexasWestern

Property Managers Need a Holistic Approach to Prop Tech to Streamline Operations

by Channing Hamilton

— By Mike Branam, director of multifamily, PointCentral Renters increasingly desire smart technology features and personalized automation that can save time, money and improve property security. A 2022 survey from Rent.com reported that a staggering 82 percent of renters wanted at least one smart device in their home.  This has encouraged property owners and operators to invest in technology as part of a wider strategy to both attract and retain a resident base that is a good fit for their communities. Technological advancements such as artificial intelligence (AI), as well …

Continue Reading
0 FacebookTwitterLinkedinEmail
Lyle in Dallas
DevelopmentLeasing & MarketingNewsTexas

Toll Brothers Apartment Living, Equity Residential Open 334-Unit Lyle in Dallas

by Channing Hamilton

DALLAS — A partnership between Equity Residential and Toll Brothers Apartment Living, the rental division of Toll Brothers, has opened Lyle in Dallas. Construction began on the project in 2022 and was financed by a $55.6 million construction loan from Santander Bank, N.A. Located at 17727 Addison Road, Lyle offers 334 apartments in studio, one-, two- and three-bedroom layouts. Units include smart home technology features such as keyless entry and smart thermostats. Select units also include private balconies, terraces or fenced-in yards. Residents have access to outdoor amenities such as …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

Hamilton Point Investments Acquires 1,174-Unit Portfolio in Metro Houston for $195 Million

by Channing Hamilton

HOUSTON — Hamilton Point Investments has acquired a portfolio of four properties totaling 1,174 apartments in the Houston metropolitan area. Hamilton Point Investments purchased the portfolio from a Texas-based multifamily developer for $195 million, which represents a cost per unit of $166,100. All four properties were built in 2022. The portfolio includes:

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

Vanguard Real Estate Negotiates Sale of 54-Unit CoHo Apartments in Fort Worth, Texas

by Channing Hamilton

FORT WORTH, TEXAS — Vanguard Real Estate Advisors, a Dallas-based brokerage firm, has arranged the sale of CoHo Apartments in Fort Worth’s Near Southside neighborhood. The building offers 54 studio apartments. Community amenities include a rooftop deck, resident lounge, dog run and gaming lounge. Jordan Cortez, Mason John, Haley Birmingham and Will Droese of Vanguard Real Estate Advisors represented the seller, Watermark Cos., in the deal. The buyer and sales price were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Vineyard Hills Apartments in Austin, Texas
Investment SalesNewsTexas

JLL Capital Markets Brokers Sale of 202-Unit Vineyard Hills Apartments in Austin, Texas

by Channing Hamilton

AUSTIN, TEXAS — JLL Capital Markets has negotiated the sale of and secured acquisition financing for Vineyard Hills Apartments, a 202-unit community in Austin. JLL Capital Markets worked on behalf of the seller, Bob Reeves, in the deal. JLL also procured the acquisition loan for the buyer, S2 Capital, through Benefit Street Partners. Vineyard Hills Apartments offers one-, two- and three-bedroom apartments. Units average 928 square feet in size and include walk-in closets, balconies and detached garages. Select units feature fireplaces, bay windows and tile floors. Community amenities include a …

Continue Reading
0 FacebookTwitterLinkedinEmail
Oxenfree at WeHo in Nashville, Tennessee
Build-to-RentFeaturesMidwestNortheastSoutheastTexasWestern

Strong Tenant, Investor Demand Ensures Build-to-Rent Model Is Here to Stay

by Channing Hamilton

Empty nesters and millennials with children are increasingly drawn to new subdivisions of build-to-rent (BTR) houses for lifestyle and financial reasons. These professionally managed BTR homes come in many shapes and sizes.  For a growing family, a new three- or four-bedroom rental house might be the ideal fit. Renters who don’t need a lot of space, but who value private parking and a modest backyard, can move into a one- or two-bedroom cottage-style home.  These properties provide more living space and privacy than a typical apartment and at a more …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Park on Brodie Lane in Austin, Texas
Investment SalesNewsTexas

Newmark Brokers Sale of 290-Unit The Park on Brodie Lane in Austin, Texas

by Channing Hamilton

AUSTIN, TEXAS — Newmark has arranged the sale and financing of The Park on Brodie Lane, a 290-unit property located at 6607 Brodie Lane in Austin. Patton Jones and Andrew Dickson of Newmark Multifamily represented the seller, Charlotte-based Barings Real Estate, in the transaction. Matt Greer and Andrew Wilson secured the financing on behalf of the buyer, Boca Raton-based Mill Creek Residential. The Park on Brodie Lane has been rebranded as Alister Sunset Valley. The property is situated on approximately 39 acres and is 97 percent leased. Amenities include a pool, outdoor …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

Partners Real Estate Brokers Sale of 20-Unit Riviera Apartments in San Antonio

by Channing Hamilton

SAN ANTONIO — Partners Real Estate has arranged the sale of Riviera Apartments, a 20-unit asset located in San Antonio’s Oak Park/Northwood neighborhood. Steve Garza and Justin Ventura of Partners represented the buyer, an entity doing business as SP 2118 Edgehill LLC, in the deal. Diego Guevara of Core Commercial represented the undisclosed seller. According to Apartments.com, Riviera Apartments totals 20 apartments in studio, one- and two-bedroom floor plans. The property was built in 1965.

Continue Reading
0 FacebookTwitterLinkedinEmail
Pear Ridge in Dallas
DevelopmentInvestment SalesNewsTexas

Excelsa Properties Acquires 168-Unit Pear Ridge in Dallas, Plans $4.3 Million Renovation

by Channing Hamilton

DALLAS — Excelsa Properties has acquired Pear Ridge, a 168-unit property located at 4753 Old Bent Tree Lane in Dallas. Pear Ridge was built in 1986 and consists of 12 buildings. The gated community offers amenities such as lounges, a pool, business center, fitness center, clubhouse, laundry facilities, storage spaces and transportation services. Excelsa Properties plans to invest $4.3 million to renovate the community. Planned upgrades include the installation of new countertops, stainless steel appliances, tile backsplash, vinyl flooring, lighting and plumbing fixtures and ceiling fans. Exterior renovations will include …

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