March 2, 2018
Al Silva of Marcus & Millichap’s Fort Worth office closed sales of apartment properties totaling $335 million in 2017. Those 30 transactions total 5,575 residential units.
The Silva Multifamily Team of Marcus & Millichap, including senior associates Ford Braly, and Mark McCoy, specializes in the investment sales of Class-B and Class-C apartment properties throughout the Dallas-Fort Worth metro-area. Nearly all sales involved the investment of millions of dollars by the purchasers to improve the exteriors, interiors and amenity packages of the properties.
Their deals include:
– Arborstone in Dallas, a 536-unit property sold June 2017
– Meadow Ridge in Fort Worth, a 484-unit property sold June 2017
– Catholic Charities Portfolio in Fort Worth, a 351-unit property sold October 2017
Each sale completed in 2017 involved the fielding of multiple offers from a wide range of local and out of state candidates.