Texas

EDINBURG, TEXAS — RightQuest Edinburg LLC, an affiliate of Dallas-based RightQuest LLC, has broken ground on Phase I of Villages at Sugar Road, a luxury apartment community located in Edinburg. Phase I will include the 168-unit, Class A apartment community and two commercial properties located on two 1.13-acre pad sites. Phase I of the development will feature a clubhouse with a media center, business center, state-of-the-art fitness center, resort-style swimming pool, cabanas, laundry facility, playground, detached garages, on-site storage facilities and covered parking. Phase II will add between 132 and 150 residential units. The development will be located on a 20-acre parcel fronting Sugar Road near Alberta Road. RightQuest Edinburg is developing the property on behalf of Brownsville-based JTMR LLC. The design team includes architect B&A Architects of San Antonio, civil engineer Melden & Hunt of Edinburg and general contractor Peterson Construction Inc.

AUSTIN, TEXAS — Hendricks-Berkadia has arranged the sale of Austin View Apartments, a 256-unit multifamily community located at 1911 Willow Creek Drive in Austin. The property includes two pools and a fitness center. The new owner plans to renovate the community, which was built in 1971. George Deuillet of Hendricks-Berkadia's Austin office helped coordinate the sale on behalf of the buyer.

SAN ANTONIO — Marcus & Millichap has received the exclusive listing for Bandera Commons, a 240-unit apartment complex in San Antonio. The property is being offered on a price to be determined by the market, according to Marcus & Millichap. Joe James, Kent Myers and Reynold Toepfer of Marcus & Millichap's Austin office are representing the seller, a private investor, in the transaction. The complex is located at 8120 Mainland Drive, adjacent to Leon Creek Greenway, a 15-mile recreation trail. The property is 97 percent occupied. The community was built in 2002 on an 11-acre parcel and includes a swimming pool, heated spa, business center, 24-hour fitness center and a laundry facility.

DALLAS — The Connor Group, a Centerville, Ohio-based real estate investment firm, has closed the sale of The Reserve at Galleria, a 301-unit apartment community in Dallas. The Connor Group owned and operated the community for seven years before selling to FPG Reserve at Galleria. The Connor Group now owns approximately $1.5 billion in assets and owns and operates eight properties in Texas — five in Dallas and three in Austin. The firm has sold seven properties since December.