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8066 Park Lane

Brian Dinerstein Of The Dinerstein Companies Acquires Multifamily Properties In Dallas For $75.2 Million
SOLDMultiFamily

Brian Dinerstein Of The Dinerstein Companies Acquires Multifamily Properties In Dallas For $75.2 Million

8066 Park Lane

Building Size

Asset Type

MultiFamily

Closing

Jan 27, 2026

AI

The Dinerstein Companies acquired two multifamily properties located at 8066 Park Lane and 8110 Park Lane in Dallas, totaling 571 units across 33 acres. The properties, Heights at Park Lane with 325 units and Mirasol Park Lane with 246 units, are part of a highly sought-after market and have extensive amenities along with prime connectivity in the Dallas-Fort Worth area.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $75.2 million
  • Buyer: Brian Dinerstein - The Dinerstein Companies
  • Seller: Vince Ciavarella - Sares Regis Group
  • Lender: Massachusetts Mutual Life Insurance Co
  • Total Units: 571
  • Acres: 33

This transaction represents a significant investment by The Dinerstein Companies, showcasing their strategy in the Dallas-Fort Worth multifamily market. The involved parties highlight an ongoing trend of robust investor demand in the region, as reflected by the engagement of Massachusetts Mutual Life Insurance Co as the lender for this acquisition.

Players

Brian Dinerstein

The Dinerstein Companies

Buyer

$111M

vol

5 deals

Buyer
The Dinerstein Companies
The Dinerstein CompaniesBuyer
Sares Regis Group
Sares Regis GroupSeller
Massachusetts Mutual Life Insurance Co
Massachusetts Mutual Life Insurance CoLender

Dallas MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93