Latest coverage of Shakiba Capital’s newest acquisition comes from Tulsa World:
“Shakiba Capital recently bought Echo Trail Apartments, 6326 S. 107th E. Ave., for $20.55 million ($86,625 per unit). McGraw Multifamily represented both the buyer and the seller in the purchase of the 240-unit facility.
Trevor Shakiba quote: “We are thrilled with this acquisition for our portfolio,” Trevor Shakiba, of Shakiba Capital, said in a statement. “We absolutely love the location and have big plans to improve the community in a multitude of ways. This gives us additional exposure to the Tulsa market which we think is primed for significant growth in the future.”
It is the fifth time McGraw has represented Shakiba in a multifamily transaction. It also represented the Houston company’s third acquisition in Tulsa and its first in the sub-market of the Union Public Schools district.”
KATV-TV report on Shakiba Capital acquisition of Tontitown Apartments
TULSA—The Tulsa Apartment Association has named Shakiba Capital’s Echo Trail Apartments as the 2024 Tulsa Apartment Community of the Year for communities built 1981 to 1993 at the 2024 Zenith Awards.