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HOUSTON-The investor takes a $3.5 million note, then forecloses on the 266-unit Lenox Court Apartments. The plan: fix it up, change the name and stabilize.
DALLAS-The local company receives its largest assignment to date: Filling the Galleria Towers, the class double-A, trophy office asset in North Dallas.
PHOENIX-A substantial chunk of Bethany Group's portfolio, currently in receivership, is up for sale. The asset is the largest lender-controlled portfolio to come to the sales block.
DALLAS-A $261 million loan for a seven-asset portfolio returns from the special server back to original lender Wells Fargo. The portfolio contains three local buildings and four in Chicago.