Texas

Colinas Ranch Apartments in Irving, Texas
Investment SalesNewsTexas

Eagle Property Capital Investments Sells Colinas Ranch Apartments in Dallas Suburb

by Channing Hamilton

IRVING, TEXAS — Eagle Property Capital Investments (EPC) has sold Colinas Ranch Apartments, a 160-unit apartment community in the northwest Dallas suburb of Irving, to an undisclosed buyer. The property was built in 1971 and acquired by EPC Multifamily Partners IV, LLC and RealtyMogul 89 in October 2018. EPC renovated the property with updated apartment interiors and common areas, new amenities and water and energy conservation features. According to Apartments.com, the property currently offers one-, two- and three-bedroom units featuring stainless steel or black appliances, granite counter tops, electric fireplaces …

Continue Reading
0 FacebookTwitterLinkedinEmail
Atelier Dallas in Dallas, Texas
DevelopmentFinanceNewsTexas

ZOM Living Secures $109 Million Refinancing for Atelier Dallas in Dallas Arts District

by Channing Hamilton

DALLAS — ZOM Living has secured a $109 million refinancing for Atelier Dallas, a residential tower in Dallas’ Arts District. Atelier Dallas broke ground in 2018 and was designed by architecture firm Stantec. The building comprises 10 penthouses, 53 lofts and 364 high-rise units. Amenities include a pool, yoga lawn, outdoor lounge with a grilling area, fitness center, co-working space, wine lockers and a pet spa. The property also offers 15,000 square feet of retail space and two levels of underground public parking. Atelier Dallas is located in walking distance …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company NewsNewsPeople NewsTexas

CBRE Selects Croft Young as Chief Investment Officer

by Channing Hamilton

DALLAS — Croft Young, a senior investment banker, will join Dallas-based CBRE in July as the company’s Chief Investment Officer. Young will join CBRE’s global executive committee and will report directly to Bob Sulentic, CBRE’s president and CEO. Previously, Young served as managing director of Morgan Stanley’s real estate investment banking group. He received a BA from the University of North Carolina at Chapel Hill and an MBA from UNC’s Kenan-Flagler Business School. Prior to joining the workforce, Young served in the United States Marine Corps for 13 years. He …

Continue Reading
0 FacebookTwitterLinkedinEmail
District 28 in Houston, Texas.
Company NewsNewsOperationsTexas

Asset Living Awarded Management for Two Communities in Houston Metropolitan Area 

by Channing Hamilton

HOUSTON AND RICHMOND, TEXAS — Asset Living has been awarded management of two properties in the Houston metropolitan area. District 28 is a 299-unit community in Houston’s Medical Center South neighborhood. The property offers one- and two-bedroom floor plan, as well as amenities such as a pool and fitness center. Haven at Bellaire is located in the southwest Houston suburb of Richmond. The community offers 297 one- and two-bedroom units. Amenities include a pool, outdoor kitchen and a fitness center with a yoga and spin studio. Asset Living took over …

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

Nitya Capital Sells Four Properties in Texas

by Channing Hamilton

SAN ANTONIO, AUSTIN AND DUNCANVILLE, TEXAS — Nitya Capital has sold four communities in Texas to Lone Star Capital and Nord Group, respectively, for an undisclosed price. All four assets were acquired by Nitya within the last four years. According to Nitya, the firm renovated the interiors and exteriors of the properties, as well as the pools, kitchens and leasing offices. Nitya Capital also added new amenities to the communities. The sold properties include:

Continue Reading
0 FacebookTwitterLinkedinEmail
The swimming pool of Wyndham on the Creek in Dallas, with the complex behind it.
Investment SalesNewsTexas

Realty Capital Partners, WindMass Capital Acquire Wyndham on the Creek in Dallas

by Channing Hamilton

DALLAS — Realty Capital Partners and WindMass Capital have jointly acquired Wyndham on the Creek, a 151-unit community located at 9633 W. Ferris Branch Blvd. in Dallas. Built in 1984, Wyndham on the Creek offers one- and two-bedroom floor plans. The joint venture plans to renovate the property over the next two years. Individual units will receive upgraded appliances and in-unit washer and dryers. Planned exterior renovations include enhancements to the pool, clubhouse, resident storage and dog park.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment SalesNewsTexas

Harbor Group International Acquires Mezzo in North Dallas Suburb

by Channing Hamilton

AUBREY, TEXAS — Harbor Group International has purchased Mezzo, a 378–unit property in the north Dallas suburb of Aubrey, from an undisclosed seller. Henry Stimler, Bill Weber and Matt Mense of Newmark arranged the debt. Brian Murphy and Brian Oboyle, also with Newmark, brokered the sale. Mezzo was built in 2022 and comprises 12 three-story buildings. Community amenities include a fitness center, yoga studio, pool and spa, co-working spaces, a lounge and an outdoor kitchen with a dining area. Individual units offer washers and dryers, quartz countertops and balconies or patios. Mezzo was 84 percent occupied as …

Continue Reading
0 FacebookTwitterLinkedinEmail
Oxenfree rendering
Build-to-RentCompany NewsDevelopmentMidwestNewsSoutheastTexas

Core Spaces Launches Build-to-Rent Brand, Plans 8,000-Unit Pipeline

by Lynn Peisner

CHICAGO — Core Spaces, a Chicago-based developer that was founded in 2010 and specializes primarily in student housing, is debuting a build-to-rent brand called Oxenfree. The company also operates out of an Austin, Texas, office. The first two projects will be developed in Princeton, Texas, and Nashville, Tennessee, and will be completed by approximately 2024. Oxenfree properties will also be constructed in Denver, Dallas, Austin and San Antonio, Texas, Tampa and Orlando, Florida, Charlotte and Raleigh, North Carolina, and Chicago. The communities will be developed as single-family and townhome-style dwellings. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
The pool at night at 4000 Hulen in Fort Worth
Investment SalesNewsTexas

Hamilton Zanze Sells 4000 Hulen in Fort Worth

by Lynn Peisner

FORT WORTH, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of 4000 Hulen in Fort Worth. IPA’s Joey Tumminello, Drew Kile, Taylor Hill, Michael Ware, Jeffrey Kindorf and Will Balthrope represented the seller, Hamilton Zanze, and procured the buyer, Pegasus Real Estate. The 240-unit property was built in 2015, and, according to Tumminello, has averaged 95 percent occupancy and 9 percent effective rent growth since then. Tumminello also says the new owner has value-add opportunities via interior unit upgrades. The five-story, controlled-access …

Continue Reading
0 FacebookTwitterLinkedinEmail
A 3D render of The Virginia in Seguin, Texas
Investment SalesNewsTexas

Joint Venture Secures $32.1 Million in Financing For The Virginia Near San Antonio

by Channing Hamilton

SEGUIN, TEXAS — A joint venture between Periscope Capital Investment and Verdot Capital has secured $32.1 million in construction financing for The Virginia, a 198-unit development in the western San Antonio suburb of Seguin. Alanna Ellis, Jeff Lepley and Alex Sheaffer of JLL Capital Markets represented the venture in acquiring the 15-year, floating-rate loan through an undisclosed regional bank. The Virginia will rise three stories and offer one-, two- and three-bedroom units. The first phase of the community is scheduled for completion in 2024. A second phase is set to …

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