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,...
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WAK Management Ends Two-Decade Hold on Apartments at Fountains Corner
WAK Management ended its 20-year hold on the Apartments at Fountains Corner, a 418-unit apartment complex in Fort Worth. The Lewisville, TX-based WAK sold the 62-building property at 5046 Hildring Dr. East to a Texas-based private investment group.
Al Silva of Marcus & Millichap represented the seller in the transaction, and secured the buyer. The property, situated on 18.5 acres, was marketed for four weeks, attracting 10 offers from investment groups nationwide. The sale closed approximately 90 days after agreement was reached between buyer and seller. The new owners are planning a multimillion-dollar renovation program to renovate exteriors, common areas and unit interiors.
Apartments at Fountains Corner offers one, two and three-bedroom units. Community amenities include resort-style swimming pools, on-site laundry facilities and courtyards and gardens.
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.