{"id":1004124436,"date":"2015-08-02T20:00:50","date_gmt":"2015-08-03T04:00:50","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=356652"},"modified":"2020-04-30T11:33:13","modified_gmt":"2020-04-30T19:33:13","slug":"hacienda-serena-makeover-attracts-new-landlord","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hacienda-serena-makeover-attracts-new-landlord\/","title":{"rendered":"Hacienda Serena Makeover Attracts New Landlord"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Liviu Oltean, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\">Hot on the heels of being renovated, a 38-unit garden-style apartment community in Irving, Texas, has found a new owner. The transaction was brokered and announced by Washington, D.C.-based <strong><a href=\"https:\/\/www.greysteel.com\/\" target=\"_blank\" rel=\"nofollow\">Greysteel<\/a><\/strong>.<\/p>\n<div id=\"attachment_356656\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/07\/Hacienda-Serena.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-356656\" title=\"Hacienda Serena\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/07\/Hacienda-Serena.jpg\" alt=\"Hacienda Serena\" width=\"300\" height=\"198\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Hacienda Serena<\/p>\n<\/div>\n<p style=\"text-align: justify;\">I &amp; J \u2013 DSI LLC is the new landlord for Hacienda Serena, an apartment community located at 1409 W. Pioneer Drive. Gresysteel\u2019s sales team of Boyan Radic, Doug Banerjee, Andrew Mueller and John Marshall Doss represented the seller, Hacienda Serena LLC.<\/p>\n<p style=\"text-align: justify;\">Renovations included new paint, gutters, railings, stair treads and pergolas with picnic tables, as well as upgrades to 36 units. The community offers direct access to public transportation and major thoroughfares such as the Downtown Irving\/Heritage Crossing Station of TRE and Highway 183.<\/p>\n<p style=\"text-align: justify;\">\u201cHacienda Serena received a first-rate renovation, which allowed us to generate significant investor interest in the asset,\u201d Andrew Mueller, investment associate with Greysteel, said in a prepared statement. \u201cCoupling the recent improvements with strong property and market fundamentals, the buyers were able to secure favorable financing terms through the Freddie Mac Small Balance Loan program.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hot on the heels of being renovated, a 38-unit garden-style apartment community in Irving, Texas has found a new owner.<\/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-1004124436","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) - 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