Texas Multifamily Projects: Chicago Firm Buys Six

In Irving, Texas, InterCapital Group of Chicago has purchased 1,711 multifamily units in the Dallas/Fort Worth area.

Rob Russell of Greystone arranged $107 million in financing in Fannie Mae Delegated Underwriting and Servicing loans for the purchase.

The six apartment complexes include: Wimbledon in Lewisville, Texas; Greenwood Creek in Benbrook, Texas; Catalina Apartments in Lewisville; Summer Gate Apartments in Irving; Oaks of Lewisville in Lewisville; and Parc Plaza Apartments in Euless.