Blue Ocean Capital Acquires Villa Creek Apartments In Farmers Branch With Financing Arranged By CBRE's Givens And Siddall
FINANCED
Texas
See Similar DealsMultiFamily
FINANCED
Blue Ocean Capital Acquires Villa Creek Apartments In Farmers Branch With Financing Arranged By CBRE's Givens And Siddall
2835 Villa Creek Dr, Farmers Branch...
See Similar DealsMultiFamily
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Loan
The 161-unit apartment complex located at 2835 Villa Creek Dr in Farmers Branch, Texas was recently sold by Darwin German Real Estate Investments. The property, built in 1965, consists of one- and two-bedroom units and was originally acquired by Darwin German in 2016 through an off-market transaction.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: Not specified
- Address: 2835 Villa Creek Dr, Farmers Branch
- Market: Dallas
- Borrower's Rep: Robert Siddall (Colliers International), William (Wills) Givens (CBRE)
- Lender: Unknown life insurance company
William Givens and Robert Siddall, both from CBRE, were responsible for arranging the acquisition financing on behalf of the new ownership, adding financial expertise to the transaction. The buyer, Blue Ocean Capital LLC, based in Dallas, was represented by Chris Deuillet and William Hubbard of CBRE in the acquisition of Villa Creek.
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