A California-based real estate investment management firm has acquired Waters Edge, a 351-unit multifamily community at 3651 Prairie Waters Drive in Grand Prairie.
Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, has acquired a 351-unit multifamily community in Grand Prairie, Texas. Buchanan Street acquired the property from Trinsic Residential Group.
Buchanan Street Partners plans to spend $350 million to $500 million to buy and build in the sector. New buyers are making big bets on self-storage properties—despite an uncertain economy distressed by the relentless spread of the coronavirus, as doctors diagnose new cases in record numbers.
With a new platform and plans to deploy as much as $500 million in the next five years, the company has also brought in an executive with substantial experience in the sector.
Buchanan Street Partners, a nationally-recognized real estate investment management firm, has announced the launch of a self-storage investment platform.
Buchanan Mortgage Holdings, LLC provided a $25 million construction loan for the development of The Groves Shopping Center, a family-oriented retail concept at the entrance of a new master-planned residential community in Whittier, California.
Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm has sold a 160-unit, 1996 built, multifamily community in Cottonwood Heights, UT to Warmington Properties.
Newport Beach, CA-based Buchanan Street Partners acquired The Vibe Apartments, a 276-unit multifamily community in Fort Collins, CO from Milestone Development Group for $74 million. The acquisition solidifies Buchanan’s presence in Colorado with four assets spread across the Front Range.
FORT COLLINS, CALIF. — Buchanan Street Partners has purchased The Vibe Apartments, a multifamily community located at the south end of Fort Collins. Milestone Development Group sold the asset for $74 million.