DALLAS – Toronto-based Dream Unlimited Corp. and Denver-based Pauls Corp. have purchased a five-property, 1,200-unit multifamily portfolio for $178 million.
The communities, a combined 95 percent leased, include:
Tallows Apartments at 1602 Frankford Rd. E. in Carrollton;
Fieldcrest Apartments at 4747 N. Josey Ln. in Carrollton;
Tall Timbers Apartments at 501 Sycamore Ln. in Euless;
Villas at Waterchase at 165 N. Old Orchard Ln. in Lewisville; and
Abbey at Vista Ridge Apartments at 350 E. Vista Ridge Mall Dr. in Lewisville.
The seller was Blackstone Real Estate Income Trust.
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Source: Dallas Morning News