Nitya Capital Closes Sale of Four Multifamily Properties in Texas
The properties are located across the Dallas, Austin, and San Antonio regions.
Nitya Capital has sold four multifamily properties across the Dallas, Austin and San Antonio regions. All four sold properties were acquired by Nitya within the last four years. During that timeframe, the firm added interior and exterior upgrades, pool renovations, new kitchen renovations, new leasing office and new community amenities.
The properties included Candlelight Park Apartment in Duncanville, Texas with 128 units, which was purchased by Lone Star Capital in March 2023; Terrain at Medical Center located in San Antonio’s South Texas Medical Center, with 224 units, purchased by Nord Group in March 2023; Latitude Apartments, also located in San Antonio’s South Texas Medical Center with 268 units, purchased by Nord Group in March 2023; and Park at Crestview, located in north Austin, with 248 units, purchased by Nord Group in April 2023