60.5 F
Fort Worth
Wednesday, September 30, 2020
- Advertisements -
Real Estate Commerical Fort Worth apartment property sold

Fort Worth apartment property sold

Other News

Fort Worth initiates audit, criminal investigation after terminating director of aviation department

Fort Worth City Manager David Cooke has initiated an audit and criminal investigation following the termination of the director of the city's...

Fort Worth City Council Preview for Sept. 22

City Council Work Session, 8:30 a.m., Room 290 of City Hall, 200 Texas St. Informal reports will discuss 2019...

Richard Connor: Wear a mask – the life you save might be someone else’s

I understand the importance Americans place on individual freedom – the freedom to make choices – in the freest nation on earth.

What to Know: Jobs coming to town and Preserve the Fort, Part deux

500 jobs? Filling a nearly empty building? Jobs that pay an average of $75,000? A new journalism venture coming to town?

Marcus & Millichap (NYSE: MMI) on Monday, April 27 announced the sale of Regency Oaks, a 100-unit apartment property located in Fort Worth, according to Mark R. McCoy, Regional Manager of the firm’s Fort Worth office.

Al Silva, senior managing director Investments in Marcus & Millichap’s Fort Worth office, exclusively marketed the property on behalf of the seller, Canada-based Republic Funds.  The buyer, a Texas-based limited liability company, was also secured by Silva.  The property attracted multiple offers over a four-week marketing period and closed less than 60 days after an agreement was reached between buyer and seller.  Despite an unsuccessful marketing effort by a competing firm late last year and complications related to the COVID-19 crisis, the Silva Multifamily Team was able to get this transaction across the finish line. The new owners will invest a significant amount of money into improvements to common areas and unit interiors, thus making Regency Oaks a more attractive option for area renters. 

Regency Oaks is located at 2121 Handley Drive in Fort Worth.  Situated southeast of the Interstate 30/Loop 820 Interchange, the property is less than 15 minutes from both Downtown Fort Worth and AT&T Stadium, Texas Live!, and the new Texas Rangers Stadium, which are strong employment drivers in the area.

- Advertisements -
- Advertisements -

Latest News

Delta Hotels by Marriott to open in Southlake in November

Delta Hotels by Marriott announced on Sept. 28 that the official grand opening of the Delta Hotels by Marriott Dallas Southlake is scheduled for mid-November...

LanCarte leases industrial space to Pantera Ventures

LanCarte Commercial has leased 13,092 square feet of industrial space to Pantera Ventures LLC. The Industrial Building is located at 189 Bear...

RE Council of Greater Fort Worth presents State of Municipalities program

The Real Estate Council of Greater Fort Worth on Sept. 30, at 10 a.m. presents a program on the State of Municipalities.On...

Vision leases Airport Freeway location to OMG BBQ

Vision Commercial Real Estate on Sept. 28 announced Trenton Price, Senior Director at Vision Commercial, recently completed lease...

AC Hotel opens in Downtown Fort Worth

Downtown Fort Worth has another hotel with the 252-room, 16-story AC Hotel Fort Worth opening on Sept. 28. The first AC Hotels by Marriott to debut...