A joint venture comprising HLC Equity and the Hampshire Cos. sold Sola Galleria, a 330-unit multifamily community in Farmers Branch. MG Properties was the buyer. The property offers one- and two-bedroom units, along with amenities such as a pool, fitness center, computer lounge, coffee bar, clubhouse kitchen, zen lounge, outdoor grilling and dining stations, and a gaming/media room.
Joey Tumminello, Drew Kile, Taylor Hill, Michael Ware and Jack Windham of IPA represented the seller. Cameron Chalfant, Brian Eisendrath, Harry Krieger and Scott Arenzon, also with IPA, arranged an undisclosed amount of acquisition financing for the deal on behalf of MG.
MG says it has 30 years of experience in the acquisition, development, rehabilitation, and management of apartment communities across the Western United States.Â
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