Keith Guerraz Of Rockport Equity And Hagan Brown Of Corridor Ventures Acquire 742-Unit Multifamily Portfolio In Dallas For $93M
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See Similar DealsKeith Guerraz Of Rockport Equity And Hagan Brown Of Corridor Ventures Acquire 742-Unit Multifamily Portfolio In Dallas For $93M
1333 North Peak Street, 2819 North Fitzhugh Avenue, 2525 North Henderson Avenue & 1811 Greenville Avenue
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The transaction involves a 742-unit multifamily portfolio located in Dallas, specifically at 1333 North Peak Street, 2819 North Fitzhugh Avenue, 2525 North Henderson Avenue, and 1811 Greenville Avenue. The properties were built between 2003 and 2005 and are situated in the Old East neighborhood of Dallas.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $93M
- Buyer: Keith Guerraz - Rockport Equity
- Buyer: Hagan Brown - Corridor Ventures
- Seller: The Ergas Group
- Lender: Regions Bank
- Units: 742
- Market: Dallas
Rockport Equity and Corridor Ventures acquired the properties through a $93 million acquisition loan from Regions Bank. The seller, The Ergas Group, divested these assets after holding them for a decade.
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