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. …
NKF Arranges Sale, Provides ValCap $25M Acquisition Loan for Multifamily Community in Metro Memphis
The Clare was constructed in 1997 and offers one-, two- and three-bedroom floor plans ranging from 723 to 1,120 square feet. SOUTHAVEN, MISS. — Newmark Knight Frank (NKF) has arranged the sale of The Clare, a 352-unit multifamily community in Southaven. NKF also provided the buyer, ValCap Group, with a $25 million Freddie Mac acquisition loan. The Clare was constructed in 1997 and offers one-, two- and three-bedroom floor plans ranging from 723 to 1,120 square feet. Communal amenities include two swimming pools, a tennis court, volleyball court and a fitness center. The Clare, formerly known as Legacy at Church …
ValCap President speaks at IMN’s Middle-Market Multifamily Forums
Richard Fishman, President and Founder of ValCap, was a featured presenter at this year’s IMN Middle-Market Multifamily Forum conducted by both the East and Northeast chapters. He addressed the challenge of expanding from a mid-sized to larger-sized owner of multifamily properties. Richard shared his company’s experiences during the transition. IMN produces industry-leading educational and networking forums for real estate investment and funding opportunities. Richard is frequently invited as a speaker. For audio of Richard’s talk at the East session, visit https://www.imn.org/audiofull/856%7C0630595663850EA00?wle=YWxleC5wYWxvcmFudGFAZ21haWwuY29t …
Richard Fishman speaks at Crittenden Multifamily Conference
ValCap President and Founder Richard Fishman participated in a panel discussion at a featured Session of the recent Crittenden Multifamily Conference. The panel topic, Investment Strategies for 2019, was a highlight of the event, held March 25-27 in Dallas. View the panel discussion here. …
ValCap Moves Corporate Office with Purchase of Sugar Building in Dallas
In December 2017, ValCap completed the purchase of a new mixed-use property at 3203 McKinney Ave. in Dallas. The property, formerly known as the Sugar Building, is in the heart of the Uptown District. The contemporary structure consists of 4 stories with more than 5,000 square feet of office space, two residential units, and a parking garage. ValCap relocated its offices from San Antonio to this building in February 2018. …
ValCap Sells 190-Unit San Antonio Property
The ValCap Group recently sold the 190-unit multifamily property Tuscany At Westover Hills. We bought the property in 2014 from a receivership that had been operating it as an affordable-housing residential complex. It had suffered severely from deferred maintenance and a shortage of capital. ValCap’s business plan was to renovate the property and move forward with a conventional multifamily model. Our team renovated the exterior and substantially upgraded the interiors, with luxury upgrades on 20 percent of the units. …
ValCap President Richard Fishman Discusses Disposition
ValCap President Richard Fishman Discusses Disposition / Exit Strategies for Middle-Market Multifamily Properties ValCap President Richard Fishman recently participated in an Information Management Network forum to discuss Disposition/Exit Strategies for Middle-Market Multifamily Property owners. The IMN forum targeted small and mid-sized apartment owners and developers. To hear the talk, visit the IMN web page on the forum. …
