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The Multifamily Group closes sale of 80-unit apartment building in San Antonio – REJournals

The Multifamily Group closes sale of 80-unit apartment building in San Antonio – REJournals
rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.

TMG Arranges Sale of 187-Unit Apartment Complex in Oklahoma City

TMG Arranges Sale of 187-Unit Apartment Complex in Oklahoma City
rebusinessonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rebusinessonline.com Daily Mail and Mail on Sunday newspapers.

Foxcroft Apartments change hands | The Journal Record

The Multifamily Group, a Dallas-based commercial real estate brokerage firm, announced Tuesday its facilitation of the sale of Foxcroft Apartments in Oklahoma City.

City changes zoning for apartments

Rich Flowers/staff A zoning change allowing a developer to convert the vacant Quality Inn on State Highway 31 East to efficiency apartments won approval from the Athens City Council Monday. The change would also allow a restaurant and coffee shop. The Athens City Council agreed to a zoning change that will allow a developer to convert the old Quality Inn property into efficiency apartments. The 4-1 vote, with Mayor Monte Montgomery opposed, changes the zoning from commercial to multi-family use. Paul Yazbeck from Profectus Multifamily Capital, LLC said with the zoning change approval they may be able to close on the property by late May.

Apartments planned for hotel site

By Rich Flowers rflowers@athensreview.com Apr 17, 2021 4 hrs ago A developer with a vision to convert the old Quality Inn on State Highway 31 East to efficiency apartments came before the Athens City Council on Monday, seeking a zoning change. The agenda item was the first reading of a request from Profectus Multifamily Capital of Dallas to change the zoning from commercial to Planned Development. “We think it’s an amazing opportunity, both for the city and us,” Managing Partner Paul Yazbeck said. The hilltop site is similar to a property they currently own in Copperas Cove, which has been a successful project, Yazbeck said.

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