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REA
January 24, 2018  

NEW DEALS

Suburban Dallas Multi-Family ComplexNicholas Residential bought a 278-unit apartment property in the Dallas suburb of Plano, Texas, at yearend for $42.8 million, or $154,000/unit. The complex, Park on Spring Creek, has 1-2 bedroom units that are 96% occupied. Newmark brokered the sale for CWS Capital of Newport Beach, Calif. Dallas-based Nicholas raised $4.3 million of its $10.3 million equity slug via CrowdStreet, an online crowdfunding platform...


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