DALLAS--The Praedium Group, a New York City-based national real estate investment firm, has acquired Pine Prairie Apartments in Lewisville.
Praedium purchased the class A 300-unit garden style apartment community from Westwood Residential.
The luxury multifamily community is located directly off Sam Rayburn Tollway / State-Highway 121. Pine Prairie is comprised of 296 apartment units and four townhome-style residences. Most homes feature nine-foot ceilings, black appliances, European-style cabinetry and full-size washer/dryer connections. Select units feature 13-foot vaulted ceilings, attached garages, outdoor terraces or balconettes and vinyl wood-plank flooring.
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