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MIG Real Estate Acquires 301-Unit Luxury Apartment Community in McKinney, Texas

MCKINNEY, TX - MIG Real Estate , a Newport Beach, California- based real estate investment company , has completed the acquisition of Regency at Stonebridge Ranch , a 301- unit luxury townhome apartment community in McKinney, Texas." MIG Real Estate recognized Regency at Stonebridge Ranch as an exciting opportunity to invest in a market with strong population and job growth," said Greg Merage, CEO of MIG Real Estate . "Regency at Stonebridge Ranch offers a unique package of luxury amenities and value-add potential through interior upgrades in an area where multifamily housing is in high demand." Regency at Stonebridge Ranch is located at 2305 S. Custer Rd. within the larger Stonebridge Ranch master - planned community in the Dallas, Texas suburb of McKinney. Situated six miles east of McKinney's historic downtown, residents have access to shops, restaurants and the McKinney Performing Arts Center . The community's location offers proximity to near...

Dealmakers: August 2017 - Upstate Business Journal

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Joyner Commercial announces the following transactions: Steve Greer and Matt Carter were the agents in the lease of 1,600 SF at 24 Vardry St., Suite 203, in Greenville to Jordan Construction. Ted Arnold was the agent in the sale 2,400 SF of warehouse space at 102 S. Moore St., Duncan. Wayne Smith and Hope Tz Schmalzl were the agents in the sale of the business at 2829 Gentry Memorial Highway , Pickens. Hays Reynolds was the agent in the sale of a restaurant at 110 W. Butler Road in Mauldin to White Horn LLC . Matt Carter was the agent in the lease of 1,281 SF of office space at 221 Cooper Lane, Easley, by Karick Development to Technoflex Inc. Cushman & Wakefield | Thalhimer announces the following transactions: Brian J. Young and Lyn Norton were the agents in the sale of two industrial buildings totaling 342 ,838 SF on 39.25 acres at 3001 N. Blackstock Road , Buildings 1 and 2, in Spartanburg, by RT Blackstock Complex LLC to Crimson Palmetto Holdings LLC . Charlie Whitmire was t...

Colliers International Brokers Sale of The Park at Deer Valley Apartments in Phoenix for $33 Million

PHOENIX, AZ - Colliers International in Greater Phoenix negotiated the sale of The Park at Deer Valley apartments at 17425 N. 19th Ave., in Phoenix, for $33 million or $75,688 per unit. Executive Vice Presidents Bill Hahn , Jeff Sherman and Trevor Koskovich with Colliers’ Phoenix office represented both the buyer and seller. The seller was Bruckal Properties, Inc., of Kelowna, British Columbia, Canada. The buyer was a private investor, Billah Khan of Phoenix. Financing was arranged through Walker & Dunlop in Phoenix.Khan added The Park at Deer Valley to his portfolio of Phoenix-area assets, which includes Acacia Pointe in Glendale and Marble Creek in Phoenix. Plans call for continuing interior and exterior upgrades started by the seller, who completed more than $3 million in renovations. “This transaction is a prime example of how the combination of off-shore equity and low interest rates create strong financial returns for the buyer,” said Hahn. “Returns will continue to gro...

Landmark Apartment Trust, Inc. to Be Acquired by Starwood Capital Group and Milestone Apartments REIT

RICHMOND, Va.--( BUSINESS WIRE )-- Landmark Apartment Trust , Inc. (“Landmark” or the “Company”), a multifamily real estate investment trust with assets located in select metropolitan areas throughout the Southern United States , announced today that it has entered into a definitive merger agreement (the “Merger Agreement”) pursuant to which it will be acquired by Monument Partners, L.L.C. (“Monument”), an entity owned by affiliates of Starwood Capital Group and Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone”), in an all- cash transaction valued at approximately $1.9 billion, including the assumption of existing debt. Upon completion of the transaction, Landmark will become a privately held company. Pursuant to the terms of the Merger Agreement, Monument will acquire all of the outstanding common stock of Landmark and all of the outstanding common units of Landmark’s operating partnership, Landmark Apartment Trust Holdings, LP, for $8.17 per share or...

River Terrace Apartments

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Quizzes Lists Topics Save The River Terrace Apartments is an apartment building located at 7700 East Jefferson Avenue in Detroit, Michigan. It was listed on the National Register of Historic Places in 2009. [1] River Terrace Apartments was one of the first two garden apartment complexes built in Michigan which used loan guarantees from the Federal Housing Administration , the other being Hillcrest Village in East Lansing. [2] History By the late 19th century , the corridor along East Jefferson Avenue had become a prestigious residential neighborhood . As the automobile age dawned in the twentieth century and Detroit's population boomed, large upscale apartment buildings were constructed along the Avenue. However, this boom in apartment construction collapsed at the start of the Great Depression. However, in 1939, Wesson Seyburn, along with Leonard P. Reaume, of the property management firm of Holden & Reaume, applied for a building permit to construct this apart...