Cameron Brothers Construction Co. Acquires 300-Unit Multifamily Community In Lewisville For $44M

The property asset involved in the transaction is Aura Avant, a multifamily community consisting of 300 units and situated on 5 acres at 2200 East State Highway 121 in Lewisville, Texas. The transaction reflects a purchase from Trinsic Residential Group to Cameron Brothers Construction Co. The property is part of the 140-acre Crown Centre mixed-use district and is a five-story construction that includes modern amenities and convenient access to Interstate 35 E, Dallas Fort Worth International Airport, and downtown Dallas.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $44M
• Buyer: Cameron Brothers Construction Co.
• Seller: Brian J. Tusa - Trinsic Residential Group
• Lender: City National Bank

This transaction highlights the involvement of significant parties, including Brian J. Tusa, who represents Trinsic Residential Group as the seller, while Cameron Brothers Construction Co. serves as the buyer. The financing for the acquisition was facilitated through City National Bank, underscoring the financial backing behind the purchase of this multifamily asset.