Buchanan Street Partners, based in Newport Beach, CA, acquired Waters Edge at Mansfield, a 351-unit multifamily community at 3651 Prairie Waters Dr. in Grand Prairie. In its first Texas deal in several years, Buchanan Street acquired the property for an undisclosed sum from Trinsic Residential Group.
Waters Edge at Mansfield in Grand Prairie totals 351 units. The property was built in 2019. GRAND PRAIRIE, TEXAS — California-based investment firm Buchanan Street Partners has acquired Waters Edge at Mansfield, a 351-unit apartment community located in the central metroplex city of 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.
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.