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Berkshire acquires two-property North Dallas portfolioBerkshire acquires two-property North Dallas portfoliohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=248932020-09-14T05:00:00Z2020-09-14T20:00:00Z

​​​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.

Texas logoThe Real Estate Center​​​​ has more information like this online for free:

​Source: Connect Media

Connect Media
Dallas-Fort Worth-Arlington
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