DALLAS – Michael Dell’s family investment fund, MSD Capital, sold the Armstrong at Knox apartments at 4525 Cole Ave. to Madera Residential.
The 165-unit rental community was built in 2014 on top of a retail strip that includes a Trader Joe’s grocery store.
The purchase was financed with a $47.9 million mortgage provided by a fund sponsored by CBRE Investment Management.
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Source: Dallas Morning News