DVO Real Estate Acquires 312-Unit Sweetwater At Buckingham From REM Finance In Richardson

The asset involved in this transaction is a multifamily property known as Sweetwater at Buckingham, comprising 312 units. It is located at 540 Buckingham Road in Richardson, Texas, which serves as the market for this acquisition. The transaction reflects a strategic investment in the multifamily housing sector within this region.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 312
• Buyer: David Valger - DVO Real Estate
• Seller: Ely Michel Ruimy - REM Finance
• Brokers: Cameron Purse, Drew Kile, Joey Tumminello, Michael Ware, Shelby Clark, Taylor Hill & William Hubbard - Institutional Property Advisors - Marcus & Millichap

This transaction saw David Valger representing DVO Real Estate as the buyer acquiring the property from Ely Michel Ruimy of REM Finance. The deal was brokered by Institutional Property Advisors, with Drew Kile and his team specifically representing the seller and successfully facilitating the buyer's acquisition.