Rosewood Property Company and partner MetLife Investment Management is now leasing The Buckley, the second multifamily property in Plano’s Heritage Creekside development. Located at 600 Kissimmee Dr, The Buckley offers 338 apartment homes in a four-story midrise.
Apartment homes range from studios (averaging 612 square feet) to three bedrooms (averaging 1,562 square feet) with rents starting at $1,700. Apartment amenities include private balconies and workspaces.
Property amenities include multiple lounge areas, a club lounge and card room, an expansive fitness center with individual workout pods, a pool, co-working areas within a library setting, a dog park along the greenbelt and activated courtyards.
The development team included Hensley, Lamkin, Rachel Inc. as the architect and Blackland Partners general contractor. Broadway Bank is financing the property alongside Southside Bank as a participant.
Developed and owned by Rosewood, Heritage Creekside is a 156-acre mixed-use development.
Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas. Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince...
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The Roxborough Group, LLC has acquired Bidwell Park, a 246-unit apartment community in Fremont, for $109.4 million. The 95% occupied property at 39800 Fremont Blvd. represents Roxborough’s second multifamily acquisition in Northern California within Roxborough Fund III, L.P., a $518-million discretionary fund focused on opportunistic and value-add investments. “The acquisition of Bidwell Park aligns with...
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Higher-than-expected September inflation has been driving the CRE narrative of increased cost of capital, along with rising operating and construction expenses. The consumer price index rose 3.7% year-over-year in September, according to the U.S. Bureau of Labor Statistics, while the producer price index for final demand climbed 6.3% A recent Marcus & Millichap video said...
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