Stockdale Capital Partners acquired Amelia at Farmer’s Market, a 297-unit luxury residential building in Downtown Dallas in an all-cash transaction.
“At Stockdale, our strategy is to build a multifamily platform anchored in modern, high-demand assets within strong markets,” said Stockdales’s Sam Palmer.
The highly amenitized five-story property is in downtown Dallas’ Farmers Market neighborhood. The property is 94% leased. Amelia offers amenities such as an open-air sky lounge with views of Downtown, a rooftop infinity edge pool, an all-inclusive courtyard pool and lounge, a wine lounge, community library and 24-hour health studio, and designer kitchens.
Greystar will manage daily operations of the building. Kairoi built the project in 2019. Stockdale currently manages approximately $2.8 billion in gross assets under management.
The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive...
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Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists...
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Brightshore Capital LP, formerly GTIS Partners, has acquired DŌMI, a newly constructed, 190-unit luxury multifamily property located at 29-24 40th Ave. in Long Island City, for slightly more than $143 million. The acquisition through Brightshore’s Opportunity Zone Fund II was financed with a $98.5-million loan from Affinius Capital. The seller was a joint venture of...
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