DALLAS - Two Dallas-area apartment communities have been purchased with more than 560 units.
The 328-unit Pace’s Cove Apartments at 13100 Pandora Dr. in northeast Dallas, and the 232-unit Brookfield apartments at 4060 Preferred Rd. in southwest Dallas were both acquired by Utah-based Peak Capital Partners.
Both properties were built in the 1980s and are more than 95 percent leased.
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