
- Newmark arranged a bridge loan to refinance Citadel Apartments, a 293-unit Class A multifamily community located at 2220 Pinegate Drive in Houston. Newmark’s James Maynard and Robert Wright secured the financing on behalf of the borrower, Lightstone, alongside Matt Williams, Kyle Schlitt and David Williams. Greystar provided the financing through its debt fund platform. It was constructed in 2019.
- Pinecroft Realty completed the acquisition of Brazos Valley Medical Office Building at 3121 University Drive E in Bryan, Texas. Brazos Valley MOB is a 100% leased, two-story, 40,268-square-foot building that was developed in 2015 on a 4.76-acre site. The primary tenant of the building is Central Texas Sports Medicine.
- Fortec made an early education real estate acquisition, this time in the rapidly growing Austin suburb of Kyle, Texas. The Miami-based developer and investor has acquired a  17,900-square-foot preschool property on 1.95 acres, with KinderCare assuming operations under a 15-year absolute net lease. The purpose-built facility has a licensed capacity of 282 children and has operated since 2002.
- Lee & Associates Dallas-Fort Worth completed a new lease transaction for a 43,235-square-foot industrial space at Interstate Warehouse V at 10741-10761 King William Drive in Dallas. Adam Graham, Ken Wesson and Chris Hillman of Lee & Associates Dallas-Fort Worth represented the Landlord, EastGroup Properties. Tommy Lim of Century 21 Judge Fite Company – Frisco represented the Tenant, ULC Connects.
- Chris Howard has joined Kidder Mathews’ Valuation Advisory Services division as Vice President in Dallas, Texas. Howard brings more than 20 years of experience in consultative sales and business development, specializing in cost segregation, tax strategies, and client relationship management.Â
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