ORIX Acquires Two Texas Rental Assets
An ORIX Corporation USA affiliate acquired three multifamily properties totaling 1,029 units in Texas (two) and Georgia (one). The transactions, representing approximately $200 million in aggregate value, expand ORIX USA’s multifamily equity portfolio and reflect the firm’s continued investment in residential real estate across the United States.
Lookout – Dripping Springs, Texas: ORIX USA acquired Lookout, a 241-unit multifamily community in Dripping Springs, outside Austin. Completed in 2025, the Class A+ Gurban property is an asset purchased at a discount to replacement cost. ORIX USA plans to stabilize the property while investing in technology, amenities and other enhancements.
Vic at Jordan Ranch – Katy, Texas: ORIX USA also acquired Vic at Jordan Ranch, a 365-unit, Class A garden-style multifamily community in Katy, Texas. The asset is stabilized and in the Jordan Ranch master-planned community, an area benefiting from continued growth and future development. The team will focus on targeted operational improvements that enhance the property
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Lewis Group Opens Second NorCal Rental-Home Community in West Sacramento
Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
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CBRE Arranges Sale of Future Mixed-Use Development in Wisconsin
CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
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Northmarq Arranges $96M Refi on SoCal Apartment Portfolio
Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton Aand senior investment anaylst...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout