January 12th, 2017 - Virtua Partners, in affiliation with Versant Commercial Brokerage, announced today that it has successfully recapitalized Midtown Atrium, a 113,359 square foot office complex located in the northern submarket of Dallas, Texas. The property became troubled when the current tenant, Republic Insurance, notified the owners they would not be renewing their lease when it expires in February 2017. Versant and Virtua recapitalized the property with an extension of the current senior loan, and the investment of $2,000,000 in preferred equity. The new capital is being used to fund tenant improvements, leasing commissions, and property upgrades. Click here to read the entire article.
May 18th, 2016 – Virtua Partners and Quyp Development announced today that they have acquired approximately 143 acres of undeveloped land in Peoria, Arizona. Current plans call for development of single family and multifamily residences. Click here to read the entire article.
May 6th, 2016 – Virtua Partners and Versant announced today that they have acquired approximately 21 acres of undeveloped land on the I-10 freeway in Tolleson, Arizona. Current plans for the site call for two hotels, retail, and apartment on the property. Development will be undertaken by Quyp Development Services, an affiliate of Virtua. Click here to read the entire article.
November 23rd, 2016 – Virtua Partners and Versant announced today that they successfully acquired 58 acres of undeveloped land at 99th Avenue in Avondale Arizona. The property will be developed by Quyp Development Services, an affiliate of Virtua. Current plans include development of multi-family, townhomes, retail, hospitality, office, and high density single family residential uses. Click here to read the entire article.