Jeff Gleiberman Of MG Properties Acquires Sola Galleria Apartments From Hampshire Companies And HLC Equity In Farmers Branch
13301 Galleria Place
Building Size
—
Asset Type
MultiFamily
Closing
Jan 6, 2026
AI
The property involved in this transaction is located at 13301 Galleria Place in Farmers Branch, Texas, classified as multifamily. This acquisition enhances MG Properties' presence in the Dallas–Fort Worth metro area.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Buyer: Jeff Gleiberman - MG Properties
- Seller: The Hampshire Companies & HLC Equity
- Market: Farmers Branch
- Brokers: Joey Tumminello, Drew Kile, Taylor Hill, Michael Ware & Jack Windham - Institutional Property Advisors
- Mortgage Brokers: Cameron Chalfant, Brian Eisendrath, Harry Krieger & Scott Arenzon - Institutional Property Advisors
MG Properties, led by Jeff Gleiberman, completed the acquisition of Sola Galleria Apartments, which was represented by Institutional Property Advisors. The transaction included professional involvement from multiple brokers, ensuring a well-managed sale and financing arrangement for the buyer.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93