DALLAS, TX – Privately-held real estate investment firm, Berkshire Property Holdings has acquired a two-property, 568-unit multifamily portfolio in Richardson, TX for $56.8 million.

The transaction represents Berkshire Property Holdings' second and largest multifamily investment in the Dallas metropolitan area within the past eight months, upon entering the market in December 2019 with the purchase of a 224-unit apartment complex in Arlington, TX.

In its most recent transaction, Berkshire Property Holdings acquired the portfolio from a local real estate investor.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.