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Uptown Dallas rental community changes hands

​​DALLAS – A unit of Ohio-based Connor Group has acquired L2 Apartments, a 321-unit multifamily community at 2828 Lemmon Ave. 

Rents in the community, which was built in in 2013 by CWS Capital Partners and JLB Partners​​​​​, start at $1,400. 

Northwestern Mutual Life Insurance Co. had owned the asset since 2015. The community was valued at more than $80 million.

CBRE Capital Markets and the Federal Home Loan Mortgage Corp. provided financing​. JLL marketed the property for sale.

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​Source: Dallas Morning News

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