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BLDG Partners Acquires Wright Senior Apartments In Grand Prairie From Aerofirma

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SOLD
Murphy Holloway
Doug Banerjee

Texas

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Senior Housing
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SOLD

BLDG Partners Acquires Wright Senior Apartments In Grand Prairie From Aerofirma

1104 South Carrier Parkway

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Senior Housing
Sold
Murphy Holloway
Doug Banerjee
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Senior Housing
Transaction Type:Sale

Aerofirma has sold Wright Senior Apartments, a 154-unit, partially affordable senior housing community in Grand Prairie, Texas, to BLDG Partners. The community, completed in 2004, includes 123 rent-restricted affordable units and 31 market-rate apartments for residents aged 62 and over. BLDG Partners will preserve the property's affordability in accordance with the Low-Income Housing Tax Credits LURA.

Summary of transaction details

  • Property Type: Senior Housing
  • Transaction Amount: Not disclosed
  • Units: 154
  • Acres: 12.5
  • Market: Grand Prairie
  • Address: 1104 South Carrier Parkway

The sale of Wright Senior Apartments was facilitated by Doug Banerjee and Murphy Holloway from Greysteel, who represented both the buyer, BLDG Partners, and the seller, Aerofirma.

Players

Doug Banerjee
Greysteel
Doug Banerjee
17 deals
BROKER
Murphy Holloway
Murphy Holloway
2 deals
BROKER
BLDG Partners
BLDG Partners
BROKERAGE
BLDG Partners
BLDG Partners
BUYER

Details

SOLD
IMAGE: Doug Banerjee & Murphy Holloway DATE: 05/05/2023 ADDRESS: 1104 South Carrier Parkway MARKET: Grand Prairie ASSET TYPE: Senior Housing ~ UNITS: 154 ~ ACRES: 12.5 BUYER: BLDG Partners SELLER: Aerofirma BROKERS: Doug Banerjee (@DougBanerjee) & Murphy Holloway - Greysteel (@TheGreysteelCompany) NOTE: Aerofirma has sold Wright Senior Apartments, a 154-unit, partially affordable senior housing community in Grand Prairie, Texas, to BLDG Partners. The community, completed in 2004, includes 123 rent-restricted affordable units and 31 market-rate apartments for residents aged 62 and over, and BLDG Partners will preserve the property's affordability in accordance with the Low-Income Housing Tax Credits LURA.

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