ValCap sells 216-unit Towers at Clear Lake; follows sale of Trails at Lake Houston
The following article appeared in Connect Texas Commercial Real Estate News on March 16, 2020 Within weeks of trading Trails at Lake Houston, seller ValCap Group is at it again. The Dallas-based owner-operator sold Towers at Clear Lake, a 216-unit multifamily property in Clear Lake, TX, in the southeast Houston metro. The buyer, Raamco International, also acquired Trails at Lake Houston. According to Will Balthrope with Marcus & Millichap’s Institutional Property Advisors (IPA), the deal doesn’t represent a major divestiture from ValCap. Balthrope partnered with IPA colleagues Drew Kile and Jennifer Campbell to represent the seller. “Formerly a combination of for-rent apartments …
ValCap President discusses strategies and outlook in the era of Covid-19
ValCap Founder and President Richard Fishman recently discussed strategies and outlook for investors and owners of multifamily properties. The Online Fireside Chat Webinar focused on current conditions, and what owners and investors can expect as the coronavirus outbreak unfolds. The webinar is available on YouTube and Apple iTunes. …
ValCap President interviewed for leading real-estate investing podcast
Richard Fishman, President and Founder of The ValCap Group, was recently interviewed for the podcast ACHIEVE WEALTH through Value Add Real Estate Investing. The interview is now live on iTunes, Stitcher, YouTube, and Spotify. …
Posh peek: Mixed-use McKinney Avenue development elevates luxe living
By Payton Potter|Special Contributor, Dallas Morning News 10:27 AM on Oct 3, 2019 Built in 2005 for the Sugar Film Production company, a 4-story, 13,000 square-foot building at 3203 McKinney Avenue recently hit the market, and it’s already equipped to be a luxury home or money-making property. Atop two levels of commercial and garage space sit two apartments, each have more than 3,700 square feet. The residential areas were built with polished concrete and terrazzo flooring and Bulthaup cabinets in the kitchens and bathrooms. Listing agent Jonathan Rosen of Compass Real Estate told The Dallas Morning News he estimates the …
Ultimate live-work space in Uptown Dallas hits market for $7.5 million
CultureMap Dallas reporter John Egan posted the following article about ValCap’s headquarters building on Aug. 29, 2019 What very well could be the ultimate live-work setup in Dallas recently went on the market for a sweet $7.5 million. Aside from two luxury townhomes, each measuring about 3,700 square feet, the contemporary Sugar Building in Uptown features about 5,400 square feet of offices. In addition, a 13-car garage — complete with a Tesla charging station — and an air-conditioned workshop encompass about 4,300 square feet. The four-story property, at 3203 McKinney Ave., owned by The ValCap Group, features three bedrooms and …
NKF MULTIFAMILY CLOSES SALE AND PROVIDES $25M FINANCING FOR THE CLARE
Working in partnership, NKF provided ValCap the property financing of a $25 million Freddie Mac Acquisition loan for The Clare, located just minutes from downtown Memphis. The Clare offers two swimming pools, a tot lot, a lighted tennis court, volleyball court, fitness center and more. Residents may choose from one, two or three-bedroom units ranging from 743 – 1,120 square feet. Units include energy efficient appliances, full-sized washers and dryers, a fireplace, vaulted ceilings and private patios or balconies. According to Richard Fishman, President of The Valcap Group, “working with the professionals at NKF and RSE was a smooth and …
VALCAP ENGAGES REALCROWD FOR SOLARIS BID
The ValCap Group has engaged the RealCrowd online investment platform to launch its most-recent acquisition project. Our target is The Solaris, a 424-unit value-add deal in Richardson TX. For investment information, visit realcrowd.com/offerings/valcap-group/the-solaris-apartments. …
