Bryan Harlan Of Clover Capital Partners Acquires Multifamily Community In Plano For 232 Units

The Woodlands of Plano is a 232-unit fully stabilized value-add community located at 1370 Rigsbee Drive in Plano, Texas. This multifamily asset benefits from assumable fixed-rate debt at 3.02% for 10 years, providing long-term interest rate security. It is situated in an area known for a strong job market, a top-ranked school district, and proximity to major employers and amenities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 232
• Address: 1370 Rigsbee Drive
• Market: Plano
• Buyer: Bryan Harlan - Clover Capital Partners, LLC
• Broker: CBRE

CBRE provided advisory services during the transaction, facilitating the acquisition by Clover Capital Partners, LLC. Bryan Harlan represents the buyer in this deal, leveraging the advantages offered by the location and property's attributes.