DALLAS – S2 Capital has purchased a four-property multifamily portfolio totaling 1,893 units.
The properties include the:
662-unit Hyde Park at Montfort at 14332 Montfort Dr. in Dallas;
347-unit Twin Creeks Crossing I and 330-unit Twin Creeks Crossing II at 1030 W. Exchange Pkwy. in Allen; and
554-unit Tintara at Canyon Creek at 7655 Ranch Rd. 620 N. in Austin.
NorthMarq represented the seller and arranged acquisition financing for the buyer.
The new ownership will invest in capital improvements to the Austin and Dallas properties.
The Texas Real Estate Research Center has more multifamily news online for free:
Source: REBusiness Online
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