Updated Dec 15, 2025
Richard Fishman Of ValCap Acquires Multifamily Asset From Paul Panza Of Bellevue Living In Plano
2401 West Spring Creek Parkway
Building Size
265,760 SF
Asset Type
MultiFamily
Closing
Dec 10, 2025
About this deal
AI
The property asset involved in the transaction is a multifamily unit located at 2401 West Spring Creek Parkway, Plano. This asset comprises 278 units and has a total square footage of 265,760.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Buyer: Richard Fishman - ValCap
- Seller: Paul Panza - Bellevue Living
- Broker: Mark Allen - Colliers
- Date of Transaction: 12/11/2025
This transaction involved key players in the real estate market, with Richard Fishman representing ValCap as the buyer and Paul Panza representing Bellevue Living as the seller. The brokerage firm Colliers, led by Mark Allen, facilitated the deal.
On the Map
MultiFamily
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Players
Plano MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93