1,600 DFW, Tyler units totaling $85 million sold | 1,600 DFW, Tyler units totaling $85 million sold | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=15851 | 2017-02-17T06:00:00Z | 2017-02-17T16:00:00Z | 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 Plaza in Fort Worth. In the final deal, a Dallas-based 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} |