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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...
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by
Hayley Rieder Wiley

​​​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

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Written by
Hayley Rieder Wiley
Last updated
Mar 28, 2024

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