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1,600 DFW, Tyler units totaling $85 million sold1,600 DFW, Tyler units totaling $85 million soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=158512017-02-17T06:00:00Z2017-02-17T16:00:00Z

​​​DALLAS – Transwestern has brokered the sale of 1,600 multifamily units valued at $85 million across five transactions.

A New York-based investment group acquired North Park Terrace, a 310-unit property at 8662 Park Ln. in Dallas. The group also purchased Pecan Tree, a 173-unit community at 3001 Kendale Dr. 

In the second transaction, an Oregon-based investment group purchased Eastfield Plaza, a 216-unit community at 2626 John West Rd. in Mesquite. The buyer plans to renovate the property.

In the third deal, a New York-based investment group acquired Parque Del Sol, a 200-unit property at 238 E. Oates Rd. in Garland.

A Northern California-based investment group purchased Woods of Ridgmar, a 235-unit community at 2200 Taxco Rd. and 2200 Ridgmar Pla​za in Fort Worth.

In the final deal, a Dallas-base​d investment group acquired 34 Hundred, a 484-unit complex at 3400 Varsity Dr. in Tyler. The buyer plans to renovate the property, which is across the street from the University of Texas at Tyler.

REBUSINESS
Dallas-Fort Worth-Arlington
Multifamily
http://rebusinessonline.com/transwestern-arranges-sales-of-1600-multifamily-units-in-dallas-fort-worth-area-totaling-85m/Read more at {Source}

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