The Multifamily Groupannounced this week it has facilitated the sales of 5 rental communities representing 1040 units in 3 cities. The Multifamily Group has closed 23 transactions totaling over 4,200 units.
Dallas, United States - July 4, 2019 /PressCable/ —
The Multifamily Group announced this week it has facilitated the sales of 5 rental communities representing 1040 units in 3 cities.
“We are fortunate that we are not limited by geography.” Said Paul Yazbeck, managing director, “Our clients appreciate that they can transact with our team in multiple markets.”
Yazbeck, along with Jon Krebbs, Will Clarke, Chris Siemasko and Bryce Smith negotiated the following deals:
• Villas at Sierra Vista, a 227-unit community in Fort Worth was sold on behalf of a Dallas-based investor.
• Manzana Grove, a 236-unit community in Fort Worth was sold on behalf of a Utah-based investor.
• Preserve at the Port, a 384-unit community San Antonio was sold on behalf of a San Antonio based investor.
• Autumn Brook, a 124-unit community in San Antonio was sold on behalf of a Dallas-based private equity group.
• Apple Tree, a 69-unit asset in Oklahoma City was sold on behalf of a Bay Area investor.
“The Dallas/Fort Worth Metroplex remains one of the nation’s top markets for multifamily investment sales because of job growth from the region’s economic expansion”, said Krebbs, Managing Director at the firm. “San Antonio is also a particularly attractive market for investors as cap rates are slightly higher than in the DFW and Austin markets and the fact that San Antonio has been one of the fastest growing cities in the nation.”
Since opening doors its doors in January of 2018, The Multifamily Group has closed 23 transactions in Texas, Oklahoma, and New Mexico totaling over 4,200 units.
The Multifamily Group is a commercial real estate brokerage firm focused exclusively on clients and helping them market, sell and acquire multi-housing assets. Based in Dallas, Texas, investors look to The Multifamily Group for one thing – results. To learn more about TMG, visit our website at https://multifamilygrp.com/ or call us at (972) 379-9843.
Name: Jon Krebbs
Email: Send Email
Organization: The Multifamily Group
Address: 4228 N Central Expy Suite #110, Dallas, Texas 75206, United States
Release ID: 88892527