Aug 27, 2013
Landmark details $96M buy of 1,390 units in DFW
DALLAS-FORT WORTH - Five DFW apartments totaling 1,390 units have been sold to Landmark REIT for $96.39 million. Here are details for each purchase. In Austin, Landmark also purchased the 298-unit Landmark...
DALLAS-FORT WORTH – Five DFW apartments totaling 1,390 units have been sold to Landmark REIT for $96.39 million. Here are details for each purchase.
| Name | ||||
| Address | City | Units | Purchase Price | |
| Montera Point | 2105 Cottonwood Club Rd. | Arlington | 200 | $12.09 million |
| Kensington Station | 2401 L Don Dodson Dr. | Bedford | 238 | $15.15 million |
| Crestmont Reserve | 5050 Pear Ridge Dr. | Dallas | 242 | $18.8 million |
| Mission Gleneagles | 4909 Haverwood Ln. | Dallas | 590 | $42.3 million |
| Palisades at Bear Creek | 200 W. Bear Creek Dr. | Euless | 120 | $8.05 million |
In Austin, Landmark also purchased the 298-unit Landmark at Barton Creek (formerly Mission Barton Creek) for $37.5 million.
In July 2013, Landmark acquired Austin’s Mission Tanglewood, a 364-unit apartment community located at 2915 Aftonshire Way. The asset sold for $24.3 million.
Read more at the U.S. Securities and Exchange Commission.
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