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Landmark details $96M buy of 1,390 units in DFWLandmark details $96M buy of 1,390 units in DFWhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=65072013-08-27T10:25:00Z2013-08-27T00:00:00Z

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.

Landmark's DFW Purchases
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.

Online news
Dallas-Fort Worth-Arlington
Multifamily
 http://www.sec.gov/archives/edgar/data/1347523/000119312513334719/d541697d10q.htmlRead more at {Source}

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