Holt Lunsford Commercial (HLC) has named Mario Zandstra as its new president. With over 30 years of experience, Zandstra will be responsible for overseeing HLC’s business development and managing a team-based governance model to support the growth of future leaders.
Industry veteran Chelby Sanders has joined Cresa as a Managing Principal in their Dallas office. She brings with her an impressive track record of negotiating high-profile deals in the Dallas-Fort Worth area and was previously an Executive Vice President at CBRE’s Transaction Advisory Services group. Her focus on corporate work makes her well-equipped to guide clients through the complexities of post-pandemic 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 role, Arnot will continue sourcing development opportunities across Texas, Colorado, and other regional markets while also managing the largest team within Stream’s Industrial Development Services platform.
Institutional Property Advisors (IPA) recently announced the sale and financing of Mustang Station – a highly sought-after multifamily asset located in Farmers Branch, Texas. The property boasts a 95% occupancy rate and annual rent growth of 10%. Built on 5.7 acres in two phases between 2015-2019, residents can enjoy amenities such as two fitness centers open around-the-clock, two swimming pools,a business center,and reserved parking spaces.The average unit size is generous at approximately853 square feet.
