DALLAS – JPI is selling almost 2,000 apartments across five communities to an affiliate of Lone Star Funds.
The purchase includes:
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Jefferson Reserve and Jefferson Vantage at 2710 and 2810 Routh Creek Pkwy. in Richardson;
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Jefferson Boardwalk at 1901 Knightsbridge Rd. in Farmers Branch;
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Jefferson Eastshore at 1100 Lake Carolyn Pkwy. in Irving; and
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Jefferson West Love at 2293 Hawes Ave. in Dallas.
All the assets have been rebranded from the Jefferson brand.
The sale was brokered by Institutional Property Advisors, Walker Dunlop, and JLL.
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Source: Dallas Morning News