AUSTIN--Austin-based The PPA Group has just closed the purchase on Newport Apartments, a 308-unit multifamily property in Irving.
The property is located on North Belt Line Road, a seven-lane main street with high visibility.
“We are very excited to add this property to our growing portfolio,” says John A. Latham, CIO of The PPA Group. “Newport is in a very attractive location in a strong submarket, and the current economic metrics are already outperforming our projects.
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