{"id":1004127687,"date":"2015-09-17T12:45:45","date_gmt":"2015-09-17T20:45:45","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=360828"},"modified":"2020-04-29T01:16:48","modified_gmt":"2020-04-29T09:16:48","slug":"swbc-sells-north-fort-worth-community-under-the-radar","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/swbc-sells-north-fort-worth-community-under-the-radar\/","title":{"rendered":"SWBC Sells North Fort Worth Community Under the Radar"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<div id=\"attachment_360830\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Overlook-Ranch.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-360830\" title=\"Overlook Ranch\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Overlook-Ranch.jpg\" alt=\"Overlook Ranch\" width=\"300\" height=\"199\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Overlook Ranch<\/p>\n<\/div>\n<p style=\"text-align: justify;\">Dallas-based <a href=\"https:\/\/www.swbcrealestate.com\/\" target=\"_blank\" rel=\"nofollow\">SWBC Real Estate<\/a> sold its Overlook Ranch Apartment Complex in north Fort Worth in an off-market transaction for an undisclosed amount. The firm had developed the community in partnership with American National Insurance Co., completing it in July 2015. <a href=\"https:\/\/www.cafcapital.com\/\" target=\"_blank\" rel=\"nofollow\">CAF Capital Partners<\/a> is the new owner.<\/p>\n<p style=\"text-align: justify;\">&#8220;It was a good time to sell Overlook Ranch, as the apartment market is strong and should continue to be healthy into the foreseeable future,&#8221; said\u00a0Terry Gwin, president of SWBC Real Estate. &#8220;Rents are up, vacancies are down, and population growth in north\u00a0Texas continues to increase at a rapid pace.\u00a0Texas\u00a0is a hot market for multifamily properties, with a lot of qualified buyers looking for good, cash-flowing properties. Additionally, the Alliance Texas corridor of north\u00a0Fort Worth\u00a0continues to add high-paying jobs, which should help to keep the rental market within the area in high demand.&#8221;<\/p>\n<p style=\"text-align: justify;\">The property is located at 3101 Alliance Gateway Freeway, not far from the recently announced $1 billion Facebook Data Center. Also in close proximity are Alliance Town Center and Alliance Airport.<\/p>\n<p style=\"text-align: justify;\">&#8220;We have been looking for an acquisition opportunity in the Alliance area for some time,&#8221; said\u00a0Chris Faulkner, CEO of CAF Capital Partners. &#8220;We are thrilled with the quality and location of Overlook Ranch. Given the positive dynamics of the area, we will look for additional opportunities to acquire properties in the Alliance corridor.&#8221;<\/p>\n<p style=\"text-align: justify;\">Overlook Ranch is a Class A community with 318 garden-style units, including one, two and three bedrooms. Common-area amenities include a clubhouse, fitness center, pet park, resort-style swimming pool and conference room. Unit amenites feature garden tubs, hardwood flooring, vaulted ceilings, patios and island kitchens.<\/p>\n<p style=\"text-align: justify;\"><em>Image courtesy of CAF Capital Partners<\/em><em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SWBC Real Estate LLC sold its Overlook Ranch Apartment Complex.<\/p>\n","protected":false},"author":237,"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-1004127687","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>SWBC Sells North Fort Worth Community Under the Radar - 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\/swbc-sells-north-fort-worth-community-under-the-radar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SWBC Sells North Fort Worth Community Under the Radar\" \/>\n<meta property=\"og:description\" content=\"SWBC Real Estate LLC sold its Overlook Ranch Apartment Complex.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/swbc-sells-north-fort-worth-community-under-the-radar\/\" \/>\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=\"2015-09-17T20:45:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-29T09:16:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Overlook-Ranch.jpg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\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\\\/swbc-sells-north-fort-worth-community-under-the-radar\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swbc-sells-north-fort-worth-community-under-the-radar\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"SWBC Sells North Fort Worth Community Under the Radar\",\"datePublished\":\"2015-09-17T20:45:45+00:00\",\"dateModified\":\"2020-04-29T09:16:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swbc-sells-north-fort-worth-community-under-the-radar\\\/\"},\"wordCount\":294,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swbc-sells-north-fort-worth-community-under-the-radar\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/09\\\/Overlook-Ranch.jpg\",\"articleSection\":[\"Dallas\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swbc-sells-north-fort-worth-community-under-the-radar\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swbc-sells-north-fort-worth-community-under-the-radar\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/swbc-sells-north-fort-worth-community-under-the-radar\\\/\",\"name\":\"SWBC Sells North Fort Worth Community Under the Radar - 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