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Praedium Acquires Plano Multifamily Complex

PLANO--The Praedium Group, a New York City-based real estate investment firm, has acquired Legends at Chase Oaks, a 346-unit luxury multifamily complex located in Plano.

By Anna Caplan | Updated on November 25, 2014

PLANO–The Praedium Group, a New York City-based real estate investment firm, has acquired Legends at Chase Oaks, a 346-unit luxury multifamily complex located in Plano.

“The southwest region is a major focus for our company and we feel very confident in this market’s continued growth,” says Praedium’s Mark Lippmann. “The rapid job expansion of two nearby employment centers – Legacy Business Park and the telecom corridor – is driving demand for quality housing options, and Legends at Chase Oaks is well-positioned to benefit from these trends.”

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