Holt Lunsford Commercial (HLC) has recently named Mario Zandstra as their new president. With over 30 years of experience in the industry, Zandstra will be responsible for overseeing HLC’s business development and managing a team-based governance model to support the growth of 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 of negotiating large deals in the Dallas-Fort Worth area, Sanders brings her expertise from her previous role 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 elevated role, Arnot will continue sourcing development opportunities across Texas, Colorado, and other regional markets while managing the largest team within Stream’s Industrial Development Services platform. He also plans on recruiting new talent for development projects and contributing to overall growth strategies for Stream nationally.
Institutional Property Advisors (IPA) recently announced both 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 two phases between 2015-2019 on a spacious lot spanning over five acres,the property offers residents access to two fitness centers open around-the-clock,two swimming pools,a business center,and reserved parking spaces.The average unit size is approximately853 square feet.
