Bonner Carrington, Dominium Ink Major Rental Property Deal

Bonner Carrington, Dominium Ink Major Rental Property Deal
News| April 18, 2025| Mike Boyd
Texas + Apartment Buildings

Bonner Carrington and Dominium announced the sale of 12 multifamily, mixed-income, and affordable properties in the Dallas-Fort Worth and Houston metro areas. Bonner Carrington was the seller, Dominium the buyer. The two companies have a decades-long relationship.

Dominium has more than 50 years of affordable and market-rate housing experience, with a portfolio of more than 40,000 apartment homes in over 215 properties across nearly half of U.S. states.

Bonner Carrington has more than 35 years of multifamily housing experience, with 28 properties serving over 12,000 residents across Texas. In 2025, Bonner Carrington will open seven newly developed and constructed properties in Texas. 

The 12 properties included in the deal currently operate under two of Bonner Carrington’s mixed-income brands: Mariposa Apartment Homes for active adults and Cypress Creek Apartment Homes for general living.

Other News

Lincoln, McCourt Launch 344-Unit Culver City Mixed-Use

California & West + Apartment Buildings

Lincoln Property Company and McCourt Partners have broken ground for ElevenOneEleven, a new mixed-use development in Culver City. The groundbreaking occurred three weeks after Lincoln and McCourt announced $133 million in construction financing from Bank OZK. Set to rise on a vacant parcel, ElevenOneEleven will deliver 344 rental apartments, including 52 affordable units, along with 2,000 square...

Learn more

Logisco Launches $60M Quebec Rental Project With New Brand

Canada + Apartment Buildings

Logisco is stripping back the amenity race with a $60M Quebec City apartment development aimed at renters who would rather pay less each month than fund pools, gyms and other extras. The developer has started construction on 193 apartments at 7075 Wilfrid-Hamel Blvd., the first project under its new Elie rental brand. The 10-storey building...

Learn more

Virtus Buys Hamilton Retirement Residence For $26M

Canada + Senior Housing

Virtus Diversified REIT has purchased a 91-suite retirement residence in Hamilton for $26M, expanding its seniors housing portfolio. The acquisition of Abington Court Retirement Residence at 1500 Main St. E. closed Nov. 3. The independent living property opened in 2005 and added 20 suites in a 2018 expansion. Located west of the Red Hill Valley...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up