Saxony Capital Acquires 310-Unit Apartment Community in Longview, Texas

by Taylor Williams

LONGVIEW, TEXAS — Saxony Capital Management has acquired Pine Knoll, a 310-unit multifamily community in Longview, located about 120 miles east of Dallas. Built in 1983, the property offers one- and two-bedroom units and amenities such as a pool, fitness center, business center, a spa and onsite laundry facilities. Mark Brandenburg of JLL originated an undisclosed amount of fixed-rate acquisition financing through Freddie Mac for the deal. The seller was not disclosed.

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