JPI sells 1,174-unit apartment portfolio in DFW

​​​​IRVING – Locally based JPI has sold three apartment communities totaling 1,174 units to an affiliate of Lone Star Funds. 

The properties include:

• ​Jefferson Promenade, 55 Promenade Pkwy. in Irving;

• Jefferson 1900, 1900 Knightsbridge Rd. in Farmers Branch; and

• Jefferson Silverlake, 1775 SH 26 in Grapevine. 

All of the communities have pools, fitness centers, resident lounges, and high-end interior finishes. 

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

• ​​​​Texas Quarterly Apartment Report​​
• Dallas-area multifamily news

​Source: REBusiness Online