DFW Metroplex: Group acquires 1,598 multifamily unitsDFW Metroplex: Group acquires 1,598 multifamily unitshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=8262015-06-05T11:28:00Z2015-06-05T08:00:00Z

DALLAS - Balfour Beatty Communities recently completed the acquisition of a five-apartment community portfolio in a joint venture with equity partners Block Multifamily Group and Herbert Management Corporation.

Balfour Beatty Communities will perform all property management services across the portfolio through its Multifamily Division, and Block Multifamily Group will be responsible for all asset management services.

The acquisition portfolio consists of the following apartment communities:

• Madison at Round Grove (404 units) 201 E. Round Grove, Lewisville;

• Madison on the Parkway (376 units) 19002 Dallas Parkway, Dallas;

• Wimberly Apartments (372 units) 4141 Horizon North Parkway, Dallas;

• Wimbledon Oaks (248 units) 1802 Wimbledon Oaks Lane, Arlington, Texas

• Villas of Josey Ranch (198 units) 2050 Keller Springs Rd., Carrollton, Texas

Dallas-Fort Worth-Arlington
http://www.businesswire.com/news/home/20150603006311/en/Balfour-Beatty-Communities-Acquires-1598-Multifamily-Units#.VXCVLM9VhBcRead more at {Source}

 Search NewsTalk Texas