An affiliate of GFI Capital Resources Group has acquired Venue Craig Ranch from Davis Development. The sale was subject to a $34 million Freddie Mac loan. The 277-unit community in McKinney, Texas, was completed earlier this year. Located at 4651 S. Custer Road, the seven-building multifamily asset features one-, two- and three-bedroom apartments ranging from 661 to 1,469 square feet. Community amenities include a fitness center, business center, clubhouse and a swimming pool.