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Design District luxury apartment tower sold

​DALLAS – A 23-story luxury apartment tower in the Design District was acquired by an international investor.

Located at 1400 Hi Line Dr., The Amli Design District apartments has 314 units with ground-floor retail, swimming pool, grass courtyard, and fitness center. The monthly rent averages $2,400.

A partnership organized by Hasta Capital purchased the $91 million tower from Chicago-based Amli residential with a $58.4 million loan from JLL Real Estate Capital. JLL also marketed the property for sale.​


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