REBusinessOnline

TMG Negotiates Sale of 151-Unit Crossings Apartments in Metro Dallas

GARLAND, TEXAS — The Multifamily Group (TMG), a Dallas-based brokerage firm, has negotiated the sale of Crossings Apartments, a 151-unit complex located in the northeastern Dallas suburb of Garland. The property was built in 1969 and features an average unit size of 806 square feet. Amenities include a pool, grilling areas and onsite laundry facilities, according to Apartments.com. Jon Krebbs of TMG represented the seller, a family office based in Fort Worth, in the transaction, and procured the undisclosed buyer. Old Capital Lending provided a Freddie Mac floating-rate acquisition loan to the new ownership.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Walker & Dunlop

Webinars on Demand


Conferences


Subscribe to the newsletter

Read the Digital Editions

Midwest Multfiamily & Affordable Housing Business

Western Multfiamily & Affordable Housing Business

Texas Multfiamily & Affordable Housing Business

Southeast Multfiamily & Affordable Housing Business

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties  

2021 Finance Insight Video Interviews