Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
CBRE Negotiates the Sale of Four Multifamily Properties in the DFW Area
CBRE facilitated the sale of four multifamily communities across Dallas-Fort Worth (DFW), totaling 675 units. Chris Deuillet and William Hubbard with CBRE’s Multifamily Investment Sales team facilitated the transactions on behalf of the sellers.
The properties included in the sale are:
- Liberty Park, a 67-unit multifamily community located at 2120 52nd Street in the East Oak Cliff neighborhood of Dallas. Dallas County purchased the property from Reap Capital.
- The Burgundy Apartments, located at 11911 Marsh Lane in Dallas. Zane Holdings sold the property to Jeanne and Chip Allen. The buyers purchased 111-units out of the 180-units of the fractured condo asset.
- LBJ Station, a 249-unit property located at 8997 Vantage Point Drive. Infinity Point Property purchased the community from LBJ Station Limited in an off-the-market transaction. Danny Baker with CBRE also represented the seller in the deal.
- 500 Flats, a 248-unit community located at 500 E. Loop 820 in East Fort Worth. Makaan Investments Group & VFR Capital purchased the property from Goodlife Housing Partners on an off-market basis.
- ◦Sale/Acquisition
