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Euless Rental Property Sold for $34M by Knightvest Real Estate

Euless Rental Property Sold for $34M by Knightvest Real Estate

Knightvest Capital specializes in renovating and repositioning multifamily properties. In September 2017, the company purchased Reagan at Bear Creek, a 216-unit garden-style community located in Eulesss. To finance the deal, Knightvest secured a $20.7 million loan from Yardi Matrix. During its six years of ownership, they upgraded the property’s amenities and installed quality finish-outs to complete their renovation and repositioning strategy for Reagan at Bear Creek before recently selling it for $34 million to TwinkleStar Asset . The community is currently 93.1 percent occupied

TwinkleStar Asset has been active throughout Texas with holdings worth $360 million across 4,470 units including Wedgewood and Villas Del Sol – two Fort Worth multifamily properties totaling 222 units which were sold to a local private investor in 2020.. Since 2007 Knightvest has acquired over 55000 units of assets valued at approximately 10 billion dollars

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