FORT WORTH - Miami-based Lloyd Jones Capital — a multifamily investment firm — has acquired Carol Oaks Apartments in east Fort Worth.
The firm plans to upgrade and rebrand the 224-unit community, located at 7412 Ederville Rd.
“We are excited to rebrand Carol Oaks to our new Vibe model — a new concept for work force housing,” said Chris Finlay, chairman/CEO of Lloyd Jones. “Our Vibe communities will be fun and hip with the latest in technology for our residents’ use. The Vibe will offer a new experience in apartment living.”
You can link (or just click) Dallas-Fort Worth Market Research and/or Dallas-Fort Worth NewsTalk to your own website or blog.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.