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California-based investment firm acquires two DFW apartmentsCalifornia-based investment firm acquires two DFW apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=268542021-12-08T06:00:00Z2021-12-08T20:00:00Z

DALLAS, BENBROOK – Magma Equities and Viking Partners have purchased two multifamily assets totaling 562 units.

Vista Azul is a 248-unit property at 2911 Clydedale Dr. in Dallas. It was built in​ 1974.

Built​ in 2002, Verandas at City View is a 314-unit community at 7301 Oakmont Blvd. in Benbrook.

The new ownership plans to implement value-add programs at both communities. 

Texas logoThe Texas Real Estate Research Center​​​​ has more multifamily news online for free:

Source: REBusiness Online​​​

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