Amarillo apartments change hands

Florida investor picks up 208 units

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Hendricks & Partners negotiated the sale of Stonegate, a 208-unit multifamily property in Amarillo, Texas. The value of the transaction was not disclosed. The property is located at 6400 Bell Ave. McAllen, Texas-based 96-Bell Ltd. sold the property to Orlando, Fla.-based Housing Finance Associates L.L.C. Greg Austin, Mark Hendricks, and Ed Cummins of the Houston office of Hendricks & Partners negotiated the transaction. Hendricks & Partners is a national real estate advisory company focused exclusively on the sales of multifamily properties. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom. Please include the headline of the story. ...