{"id":446448,"date":"2026-09-24T17:34:10","date_gmt":"2026-09-24T17:34:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/446448\/"},"modified":"2026-09-24T17:34:10","modified_gmt":"2026-09-24T17:34:10","slug":"horizon-at-premier","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/446448\/","title":{"rendered":"Horizon at Premier"},"content":{"rendered":"

\"Horizon<\/a><\/p>\n

Institutional Property Advisors (IPA)<\/a>, a division of Marcus & Millichap (NYSE: MMI)<\/a> dedicated to serving the company\u2019s institutional clients, announced the sale of Horizon at Premier<\/a>, a 122-unit built-to-rent (BTR) multifamily asset in Plano, Texas.<\/p>\n

\u201cBuilt-to-rent has outperformed much of the multifamily sector recently, and infill locations like Horizon at Premier are a big reason why,\u201d said Joey Tumminello, IPA senior managing director investments. \u201cThis asset combines BTR\u2019s superior growth trajectory with a true infill position inside one of North Dallas\u2019s tightest employment corridors; a rare pairing that\u2019s driving outsized investor demand as the rent-versus-own gap continues to widen.\u201d Tumminello, Michael Ware, Drew Kile, Taylor Hill, and Jack Windham of IPA represented the seller and procured the buyer, Invesco Real Estate.<\/p>\n

\"Horizon<\/p>\n

The property\u2019s location one block from U.S. Route 75, near President George Bush Turnpike and Sam Rayburn Tollway connects residents to employment and entertainment in the Telecom Corridor, CityLine Market, and Legacy Central. Major employers close by include the Dr Pepper Snapple Group, Capital One Auto Finance, and Children\u2019s Medical City Plano. Historic Downtown Plano, home to Haggard Park, McCall Plaza, the Courtyard Theater, and the Plano Events Center are within a short drive.<\/p>\n

Completed in 2017 on nearly 11 acres, Horizon at Premier is a gated residential community with detached homes, a resort-style swimming pool and spa, 24-hour fitness center, and walking paths. Homes have 10-foot ceilings, washers and dryers, and private backyards with patios. The average unit size is 996 square feet.<\/p>\n

Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA\u2019s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offers customized solutions for the acquisition, disposition and financing of institutional properties and portfolios.<\/p>\n

<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company\u2019s institutional…\n","protected":false},"author":2,"featured_media":446449,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[39182,39183,24734,3514,24735,24736,160,162,161,43764,29602,45538],"class_list":["post-446448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-plano","tag-build-for-rent","tag-cottage-style","tag-institutional-property-advisors","tag-luxury","tag-marcus-millichap","tag-multifamily","tag-plano","tag-plano-headlines","tag-plano-news","tag-plano-texas","tag-resort-style","tag-single-family-rentals"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/446448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=446448"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/446448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/446449"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=446448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=446448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=446448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}