Multifamily Deals
HOUSTON – Tip Strickland and A. David Schwarz of Grandbridge Real Estate Capital closed on a 5-year construction loan for the development of Vargos on...
Category : Multi-Family
Multifamily Briefs
TEMPE, Ariz. – Transwestern brokered the sale of Dorsey Place, an 84-unit apartment building on East University Drive in Tempe, Ariz., for nearly $15 million....
Apartment Project Coming to Lush Vargo’s Restaurant Site
HOUSTON – Vargos on the Lake, a 276-unit apartment community, will be constructed on the lush grounds of the defunct Vargo’s restaurant , a famous...
YTech Enters Houston Market with $35 Million Multifam Buy
HOUSTON – Ytech International, a Miami-based multifamily company has purchased five Houston apartment projects for $35 million. The seller of the 1,312-unit portfolio was LB-RPR...
REIT Buys Apartment Projects in Richardson, Texas and Nashville
DALLAS – Landmark Apartment Trust of America, a multifamily real estate investment trust (REIT), acquired two multifamily properties in separate transactions for a combined purchase...
Multi-Family Wire
RICHMOND, Va. – Landmark Apartment Trust of America, a multifamily REIT bought three multifamily properties valued at $42.15 million from Elco Landmark Residential Holdings, MB...
Austin CBD Project to Include 30-story Tower, Office and Retail
AUSTIN – CBRE Debt & Equity Finance team in Houston arranged $83.5 million in construction financing on behalf Seaholm Power, LLC for the redevelopment of...
Hotel REIT Buys Old Humble Oil Building in Houston
HOUSTON – RLJ Lodging Trust acquired the historic Humble Oil Building complex in downtown Houston for $79.5 million or $151,000 per room for what will...
Hines Starts Work on Apartments in Atlanta
ATLANTA – Hines has begun construction is on @1377, a 215-unit luxury multifamily complex in Atlanta. The development represents Hines’ first for-rent residential project in...
Woodway Square, a 595-Unit Project, is Sold
HOUSTON – Fairfield Woodway Square, LLC purchased Woodway Square, a 595-unit, Class A, garden-style multi-housing community in Houston. HFF marketed the property on behalf of...