[New post] Dallas-Area Apartment Property Backing $62.6Mln of CMBS Debt Sold

Dan Moynihan posted: "REBusinessOnline Castle Lanterra Properties has bought Sovereign Twin Creeks, a 366-unit apartment property in the Dallas suburb of Allen, Texas. The seller and sales price were not disclosed. Sovereign Twin Creeks, at 729 Junction Drive, opened " New post on Commercial Real Estate Direct Dallas-Area Apartment Property Backing $62.6Mln of CMBS Debt Sold by Dan Moynihan REBusinessOnline Castle Lanterra Properties has bought Sovereign Twin Creeks, a 366-unit apartment property in the Dallas suburb of Allen, Texas. The seller and sales price were not disclosed. Sovereign Twin Creeks, at 729 Junction Drive, opened last year and at the time was valued at $162.32 million. It serves as collateral for $62.6 million of […] Read more of this post Dan Moynihan | March 31, 2022 at 9:51 am | Categories: General News, South Central | URL: https://wp.me/pcdE10-2l89 Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2022/03/31/dallas-area-apartment-property-backing-62-6mln-of-cmbs-debt-sold/