News
Multifamily Deals
November 15, 2010
Sanz Fort Worth Holdings purchased a 170-unit multi-housing asset at 3101 Sappington in Fort Worth from Parkside Financial. CBRE's Chris Deuillet represented the seller. Chris also repped the seller, 2490 Moriah Inc., in the Beyond Media Productions purchase of a 152-unit multi-housing asset at 5309 E. Rosedale St. in Fort Worth. Terms of the deals were not disclosed. *** |
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| Building Portfolio Investments V, a Colorado LLC, purchased the 61-unit Calais Slopes & Eastridge condo complex at 6706 Eastridge Dr. in Dallas for an undisclosed amount. The seller, a California family trust, was repped by Pacific Bay Investments' Mary Tran. The buyer was repped by Henry S. Miller Brokerage SVP Mark Porterfield, who arranged the financing, helping secure an eight-month assumption program through Berkadia Commercial Mortgage. The new owner plans to renovate the distressed asset soon. The Calais Slopes complex is three-stories and was built in 1984. |
