2021 Lawyers in Real Estate Awards
Last year, the Connect CRE team followed up our well-received Next Generation Awards and Women in Real Estate Awards with the inaugural Lawyers in Real Estate Awards. For...
2021 Women in Real Estate
Announcing the 2021 Winners for the Connect CRE Women in Real Estate Awards.
From hundreds of submissions, we have highlighted women with achievements and...
2021 Next Generation Awards
Connect Commercial Real Estate is proud to present the winners of our 2021 Next Generation Awards. In one of the most challenging years on record for the industry,...
Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
TwinkleStar Asset Sells Fort Worth Multifamily Properties
Orion Properties acquired Villas Del Sol and Wedgewood, two Class B apartment complexes totaling 104 units and 118 units, respectively. Both assets are in the same Fort Worth neighborhood, one-half mile apart from the other. TwinkleStar Asset sold the Class B properties for an undisclosed price. Al Silva and Dan Mullen with Marcus & Millichap brokered the transaction.
Villas Del Sol at 6100 Westcreek and Wedgewood at 2819 Walton Ave. attracted 13 offers during a five-week marketing period. While potential buyers bid on the properties on an individual basis or as a package, the seller ultimately chose to sell them as a package.
The new owner plans to change the properties’ management and implement a capital improvement program to boost curb appeal and make units more appealing to area renters.
Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.