{"id":1004120023,"date":"2015-05-22T20:24:26","date_gmt":"2015-05-23T04:24:26","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=349404"},"modified":"2022-12-06T11:48:28","modified_gmt":"2022-12-06T19:48:28","slug":"greysteel-keeps-busy-in-dallas-with-two-new-deals","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/greysteel-keeps-busy-in-dallas-with-two-new-deals\/","title":{"rendered":"Greysteel Keeps Busy in Dallas with Two New Deals"},"content":{"rendered":"<p><em>By Liviu Oltean, Associate Editor<\/em><\/p>\n<p>Washington, D.C.-based\u00a0Greysteel Co. announced recently that one of its multifamily investment sales team has been retained as the sole advisor and agent in the sale of Milano, a 16-unit multifamily building in Dallas.<\/p>\n<div id=\"attachment_349405\" class=\"wp-caption alignright\" style=\"width: 220px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/05\/Milano.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-349405 \" title=\"Milano\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/05\/Milano.jpg\" alt=\"\" width=\"210\" height=\"139\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Milano<\/p>\n<\/div>\n<p>Milano is located within the East Dallas submarket, close to to the Central Dallas Business District, Uptown Dallas, Knox-Henderson and the Lower Greenville neighborhood. The community features 16 one-bedroom, one-bathroom apartments with varying floor plans.<\/p>\n<p>\u201cWith dynamic new multifamily developments nearby and market comparables achieving 40 percent higher rents, Milano stands to see increased revenue growth now and as the submarket continues to flourish,\u201d said Greysteel Investment Associate Andrew Mueller. \u201cWith Uptown residents moving east to escape escalating rents, the area has benefited from a growing number of trendy restaurants, revitalized apartment buildings and new housing developments over the last year. East Dallas housing demand remains strong, with the planned 271-unit Class A Alexan Henderson apartment community less than two blocks away.\u201d<\/p>\n<p>The firm also announced that it has arranged the sale of West Village, a 66-unit multifamily building in Arlington, Texas. Greysteel acted on behalf of the seller, Westside Village, L.P. In an official press statement, Greysteel Managing Director Boyan Radic said that the new owner, a local private investor, has a long-term hold strategy for the recently acquired asset.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington, DC-based Greysteel Co. announced recently that one of its multifamily investment sales team has been retained as the sole advisor and agent for the sale of Milano, a 16-unit multifamily building in Dallas, Texas.<\/p>\n","protected":false},"author":1158,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21742],"tags":[],"class_list":["post-1004120023","post","type-post","status-publish","format-standard","hentry","category-dallas","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Greysteel Keeps Busy in Dallas with Two New Deals - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/greysteel-keeps-busy-in-dallas-with-two-new-deals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greysteel Keeps Busy in Dallas with Two New Deals\" \/>\n<meta property=\"og:description\" content=\"Washington, DC-based Greysteel Co. announced recently that one of its multifamily investment sales team has been retained as the sole advisor and agent for the sale of Milano, a 16-unit multifamily building in Dallas, Texas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/greysteel-keeps-busy-in-dallas-with-two-new-deals\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-23T04:24:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T19:48:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/05\/Milano.jpg\" \/>\n<meta name=\"author\" content=\"Liviu Oltean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/greysteel-keeps-busy-in-dallas-with-two-new-deals\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/greysteel-keeps-busy-in-dallas-with-two-new-deals\\\/\"},\"author\":{\"name\":\"Liviu Oltean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a12696609e74785a9cb5f8f7eae8bbd0\"},\"headline\":\"Greysteel Keeps Busy in Dallas with Two New Deals\",\"datePublished\":\"2015-05-23T04:24:26+00:00\",\"dateModified\":\"2022-12-06T19:48:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/greysteel-keeps-busy-in-dallas-with-two-new-deals\\\/\"},\"wordCount\":231,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/greysteel-keeps-busy-in-dallas-with-two-new-deals\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/05\\\/Milano.jpg\",\"articleSection\":[\"Dallas\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/greysteel-keeps-busy-in-dallas-with-two-new-deals\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/greysteel-keeps-busy-in-dallas-with-two-new-deals\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/greysteel-keeps-busy-in-dallas-with-two-new-deals\\\/\",\"name\":\"Greysteel Keeps Busy in Dallas with Two New Deals - 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