The new owner will rebrand the 360-unit community and implement a capital improvement program.
Apartments are a huge part of the Dallas-Fort Worth economy, responsible for billions of dollars and tens of thousands of jobs a year, and yet there are not nearly enough of them.
Despite protests from some North Texans against plans to approve additional multifamily construction in suburban communities, data from ApartmentData.com shows multifamily product in Dallas-Fort Worth remains in high demand.
The Dallas-Fort Worth market leads the nation in multifamily units under construction. Find out which new communities made the list of the market’s biggest projects
Western Wealth Capital picked up nearly 1,000 apartment units in Texas. The investment firm acquired two multifamily residential complexes, its the seventh property in Houston and fifth in Dallas.
A Boston-based company’s purchase of the Blu Harbor apartment complex in Redwood City is San Mateo County’s largest multifamily deal in five years, according to Newmark Knight Frank, which brokered the sale.
Citizens Commercial Banking has provided a $435M construction loan to the development team behind Amazon’s 500K SF Seaport expansion.
The next phase of luxury apartments at The Realm at Castle Hills, a master-planned community in North Texas, is getting underway after the quick lease-up of the initial phase of the community, bringing hundreds of new apartments to the region.
