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FCA Continues Making DFW Inroads with Euless Deal

CBRE arranged the sale and financing of Riverside Villas, a newly built, 180-unit multifamily community at 3741 Post Oak Blvd. in Euless. First Capital Advisors (FCA) purchased the property from Dallas-based Trinity Postoak Ltd.
 
Chris Deuillet, Jeremy Faltys and William Hubbard with CBRE Capital Markets’ Investment Properties in Dallas represented the seller. Jeff Stein, Michael Thompson and Brock Hudson with CBRE Capital Markets’ Debt & Structured Finance team in Houston arranged the financing on behalf of FCA.
 
This is the second multifamily purchase for FCA as the company re-enters the Dallas-Fort Worth market. FCA was encouraged by the strong DFW market fundamentals and reportedly see the area as a core market for multifamily ownership across the country.
 
“This was one of our first assets to market in a post-COVID environment and Dallas-Fort Worth is still a very desirable location for solid returns,” said Deuillet.
 

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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