Almost 1,000 Dallas-Fort Worth apartments have been sold to a California firm.
Almost 1,000 apartments near Lake Highlands and Richardson have been sold to a California firm.
Los Angeles-based Tides Equity purchased three apartment complexes from the Dallas-based ValCap Group totaling 966 units, all near the intersection of Interstate 635 and U.S. Highway 75, brokerage Institutional Property Advisors said Wednesday.Solaris, 432 units built in 1983The properties are near the, which will widen the highway from U.S. 75 to Interstate 30. That project is expected to be completed by late 2024, according to the Texas Department of Transportation.
Taylor Hill, Michael Ware, Drew Kile, Joey Tumminello and Will Balthrope of Institutional Property Advisors, a division of Marcus & Millichap, brokered the deal.
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