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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.

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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 …

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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.

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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 …

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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 …

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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 …

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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.

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The Rushmore in Houston
Affordable HousingDevelopmentFinanceNewsTexas

Housing Trust Group Breaks Ground on $33.8 Million Affordable Housing Project in Houston

by Channing Hamilton

HOUSTON — Housing Trust Group (HTG) has begun construction on The Rushmore, a $33.8 million mixed-income housing project located at 800 Highway 6 South in Houston’s Energy Corridor. The unit mix will include 32 one-bedroom, 50 two-bedroom and 19 three-bedroom units. Monthly rates will range from $532 to $1,875. The Rushmore will offer 16 market-rate apartments, as well as 85 units for residents earning at or below 30, 50 and 60 percent of the area median income. Planned amenities include a pool, community clubroom, workroom, fitness center, game room and …

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Investment SalesNewsTexas

JRK Property Holdings Sells 752-Unit Community in El Paso, Texas

by Channing Hamilton

EL PASO, TEXAS — JRK Property Holdings has sold Retreat at Mesa Hills, a 752-unit asset in El Paso’s Upper West Side neighborhood, to an undisclosed buyer. Retreat at Mesa Hills was developed in phases beginning in 1995. The community offers a mix of one-, two- and three-bedroom floor plans. Units range from 538 to 2,127 square feet. Residents have access to shared amenities such as three pools with a tanning deck and cabanas, a fitness center, two tennis courts, two sand volleyball courts, clubroom, game room, theater and an …

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Livano Canyon Falls in Northlake, Texas
Investment SalesNewsTexas

HGI Purchases 300-Unit Livano Canyon Falls Apartments in Northlake, Texas

by Channing Hamilton

NORTHLAKE, TEXAS — Harbor Group International (HGI) has acquired Livano Canyon Falls, a 300-unit community located roughly 28 miles north of Fort Worth, Texas, in Northlake. The three-story, garden-style asset offers one-, two- and three-bedroom floor plans. The average unit size is 1,015 square feet. Amenities include a pool, private workspaces and fishing ponds. Drew Kile, Michael Ware, Joey Tumminello, Taylor Hill and Shelby Clark of IPA represented the undisclosed seller in the transaction and procured the buyer. Brian Eisendrath, Cameron Chalfant, Harry Krieger and Tyler Johnson of IPA Capital …

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