Real Points

Daily Reports on Commercial Real Estate

Sale: Westgate Apartments

Category:
Multifamily Irving
Author:
By
Post date:
August 3rd, 2012 9:23am

Panther Transaction Group has acquired Westgate Apartments, a 256-unit multifamily complex at 3829 William DeHaes Drive in Irving.

The company partnered with an investor to make the buy for an undisclosed price. Occupancy currently stands at 94 percent. The partnership plans to implement a $500,000 renovation plan.

Panther invests in opportunistic and value-add real estate. Its led by Doug Kincaid, Tommy Pigg and Ty Smith.

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