Holt Lunsford Commercial (HLC) has named Mario Zandstra as its new president. With over three decades of experience, Zandstra will oversee HLC’s business development and manage a team-based governance model while supporting the growth of the company’s current and future leaders.
Industry veteran Chelby Sanders has joined Cresa as a Managing Principal based in their Dallas office. With an impressive track record negotiating major deals in the Dallas-Fort Worth area, Sanders most recently served as Executive Vice President at CBRE’s Transaction Advisory Services group. She specializes in corporate work and helps clients navigate post-pandemic challenges related to office occupancy.
Bates Arnot has been promoted to Managing Director at Stream Realty Partners where he will lead their central region Industrial Development Services division. In this role, Arnot will continue sourcing development opportunities throughout Texas, Colorado, and other regional markets while managing the largest team within Stream’s Industrial Development Services platform. He also plans to bring on new talent for further growth strategy.
Institutional Property Advisors (IPA) announced the sale and financing of Mustang Station – a 444-unit multifamily property located in Farmers Branch,Texas with an impressive 95% occupancy rate and annual rent growth of 10%. Built on 5.7 acres between two phases completed in 2015 &2019,the property offers residents access to two fitness centers,a business center,two swimming pools,and reserved parking with average unit size being around853 square feet.
