GREA, specializing in serving private to institutional multifamily real estate investors, announced the sale of Casa San Luis Apartments, a 63-unit apartment community located at 3155 Park Lane, Dallas, Texas, 75220.
Allen represented the seller, Gomel Capital and procured the buyer, a local investment company.
Despite the slowdown in multifamily sales activity in 2023, the GREA Dallas team has successfully brokered over 19 apartment communities in the North Texas area with another 19 under contract set to close in the next 60 days.
Jordon Emmott and Abraham Garza of GREA (Global Real Estate Advisors) brokered the sale of Chateaux Dijon Apartments from Investres (which purchased the property in 2018) to Three Pillars Capital Group. The 426-unit multifamily community is located in the Galleria area at 5331 Beverlyhill Street (77056).
Three Pillars has extensive renovation plans for the community that President George W. Bush once called home.
Emmott noted, “Chateaux Dijon is one of the most historic and recognizable apartment properties in Houston. The architecture was simply way ahead of its time and I am excited to see the asset being revitalized.”