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Texas  + Dallas-Fort Worth  + Apartments  | 
Sola Galleria

MG Picks Up 330-Unit Farmers Branch Rental Community

A joint venture comprising HLC Equity and the Hampshire Cos. sold Sola Galleria, a 330-unit multifamily community in Farmers Branch. MG Properties was the buyer. The property offers one- and two-bedroom units, along with amenities such as a pool, fitness center, computer lounge, coffee bar, clubhouse kitchen, zen lounge, outdoor grilling and dining stations, and a gaming/media room.

Joey Tumminello, Drew Kile, Taylor Hill, Michael Ware and Jack Windham of IPA represented the seller. Cameron Chalfant, Brian Eisendrath, Harry Krieger and Scott Arenzon, also with IPA, arranged an undisclosed amount of acquisition financing for the deal on behalf of MG.

MG says it has 30 years of experience in the acquisition, development, rehabilitation, and management of apartment communities across the Western United States. 

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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