San Antonio-based SWBC Real Estate LLC sold two North Texas multifamily properties to a Virginia-based real estate firm as part of a $100 million package.

The properties, called River Walk Village and Timberview Ranch, were sold to Weinstein Properties, which owns and manages more than 17,000 multifamily units in Virginia, North Carolina and Texas. The transaction was brokered by Will Balthrope, Drew Kile and Joey Tumminello of Institutional Property Advisors, a division of Marcus & Millichap (NYSE: MMI).

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