The 440-unit has been acquired by a joint venture that includes BPMT, a European pension fund. The acquisition is part of a previously announced program to beef up its portfolio with an estimated $260 million of institutional-quality, multifamily communities. The first program --$165 million-- was wrapped up in August.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dallas/Fort Worth
Multifamily