Sep 14, 2020
Berkshire acquires two-property North Dallas portfolio
DALLAS – Berkshire Property Holdings has acquired a two-property, 568-unit apartment portfolio from a local investor for $56.8 million. The properties include The Parks at Walnut and Ninety Nine 44 at 10000...
DALLAS – Berkshire Property Holdings has acquired a two-property, 568-unit apartment portfolio from a local investor for $56.8 million.
The properties include The Parks at Walnut and Ninety Nine 44 at 10000 and 9944 Walnut St.
Florida-based Berkshire will undertake a multimillion-dollar renovation program.
The buyer leveraged the acquisition with ten-year agency financing from Freddie Mac, which was arranged by CBRE.
Berkadia represented both parties in the transaction.
The Real Estate Center has more information like this online for free:
Source: Connect Media
Written by
Hayley Rieder Wiley
Last updated
Mar 28, 2024
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