The Multifamily Group (TMG) sells 1040 units in 16 days
Jul 4, 2019
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.
Contact Info:
Name: Jon Krebbs
Email: Send Email
Organization: The Multifamily Group
Address: 4228 N Central Expy Suite #110, Dallas, Texas 75206, United States
Phone: +1-972-379-9843
Website: https://multifamilygrp.com/
Source: PressCable
Release ID: 88892527
More News
Accelerate clocks hefty 72m visual manganese zone in WA
Accelerate Resources has hit a 72m span of manganese at its project in WA’s Pilbara. The core will go to Perth for met testing to assess its direct shipping ore potential.
King River jags shallow high-grade Murchison gold
King River Resources has confirmed shallow, high-grade gold at its new Mindoolah project in WA, with hits including 1m at 13.59g/t and 1m at 10.70g/t gold from a maiden drill campaign.
Trump’s bluff is too late to save him
The US president has made a desperate move to lower fuel prices ahead of the US midterm elections but the relief, however, is likely to be short-lived.
Sharemarket hands back early gains for a flat finish
Australian shares have traded flat after a stronger US dollar weighed on commodity prices, scuppering an early rally locally.
KPMG Australia going cap in hand for $100m in loans
The consultancy is seeking to stop other big clients deserting the firm and keep partner pay at a higher level.
Surcharge ban will leave some renters in the lurch
Many tenants could soon be forced into arrears, advocates warn, as a key rental payment platform closes its doors.
Inside a billionaire’s paradise with crypto’s most powerful ex-convict
Cryptocurrency mogul Changpeng Zhao has gone from prison in the US to finding favour with a pair of powerful ruling families. One is a clan that runs the UAE and other is the Trumps.
America’s billionaires are turning their backs on Trump
The US president’s loss of political momentum has given some of his backers the cover to start talking their mind.
We are crusading against things that would keep us safe – like data centres
AI regulation will weaken us while data centres protect us.
Steel, concrete and coffee: The new look for cyclists
MAAP’s new store features an organic-shaped lounge suite, coffee table stacked with books and magazines, espresso machine and a screen showing cycling races the world over.
Rack and ruin: Australian fashion is going through its own spring cleaning
After Dion Lee, Seafolly and Betts Shoes, Cue and Veronika Maine are the latest to join a growing list of well-known fashion retailers or brands that no longer exist in their original form.
Not OK, Boomers? The repercussions of a generation on its way out
Baby Boomers, who entered the world in an optimistic postwar birth rate explosion, are heading into their 80s and starting to exit the world.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.