DALLAS — October 7, 2021 — Berkadia Institutional Solutions, powered by Moran, announced today the sale of Aura Bluffview, now known as Bellevue at the Bluffs, a 473-unit multifamily property located in Dallas, Texas. Senior Managing Director Paul Harris, Senior Directors Eric Calub and Thad Wetterau and Managing Director Gregory Smith of Berkadia Dallas completed the sale on behalf of the seller, Texas-based Trinsic Residential Group. The buyer was Texas-based Hughes Capital Partners and Nicholas SunTX RE Partners II, and the deal closed on August 17.
“We are grateful to have had another opportunity to represent and work with the talented team at Trinsic Residential,” said Calub. “The high quality of their properties, as exemplified by Aura Bluffview, now known as Bellevue at the Bluffs, is universally acknowledged by the investment community. Hughes Capital and Nicholas SunTX were excited to acquire the property as the first asset in their new venture and fund.”
Located at 3900 W Northeast Highway, Aura Bluffview, now Bellevue at the Bluffs, features one-, two- and three-bedroom floor plans with air conditioning and in-unit washers and dryers. Community amenities include a swimming pool, a fitness center, a clubhouse and a business center. The property affords residents convenient access to Bachman Lake Park, Dallas Love Field Airport and Southern Methodist University.