REBusinessOnline

HFF Negotiates Sale of 198-Unit Apartment Property in Metro Dallas

CARROLLTON, TEXAS — HFF has negotiated the sale of Villas of Josey Ranch, a 198-unit apartment property situated on 12.3 acres in the northern Dallas suburb of Carrollton. The property, which was 96.5 percent occupied at the time of sale, comprises 19 two-story buildings with one- and two-bedroom units averaging 849 square feet. Amenities include multiple pools, outdoor picnic areas, a 24-hour fitness center and a business center. Bill Miller, Roberto Casas, Rob Key and Greg Toro of HFF represented the seller, a partnership between Harbert Management Corp. and Balfour Beatty Communities, in the transaction. HFF also procured the buyer, Houston-based Domain Communities.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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