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MULTIFAMILY MOTIVATION

WASHINGTON DC 04.27.2017

FEDERAL MARKETS & REAL PROPERTIES

A New President & GSA: What Does That Mean For You?

Norman Dong -- U.S. General Services Administration (GSA)
Tom Finan -- Trammell Crow Company
Bruce Childs -- USAA Real Estate
MULTIFAMILY MOTIVATION
MULTIFAMILY MOTIVATION

The multifamily market is alive and well for property owners that have taken great care of their asset and are truly motivated to make a transaction, Henry S. Miller’s Mark Porterfield tells us. Evidence: He repped Paris Properties in its sale of the 97% occupied 100-unit Regency Apartments in Paris (Texas, but as the photo shows, we can dream). Lending is available for investors ready to buy, he adds. Shreveport-based Pool Realty Services’ Richard Pool repped the buyer, Lafayette, La., based Entourage Legacy. Jay Porterfield of Arbor Commercial Mortgage provided financing. Irving-based Dominion Realty Advisors’s Patrick Calvano has managed the asset for more than 18  years for the same owners.