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1,070-unit multifamily portfolio in North Texas trades hands
Transactions - MARCH 6, 2020

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1,070-unit multifamily portfolio in North Texas trades hands

by Andrea Zander

Casoro Group has entered into a partnership with Civitas Capital Group to acquire a 1,070-unit multifamily portfolio in the Dallas–Fort Worth market. The new owners are planning to renovate the portfolio. Atlas Residential of Chicago was the seller.

The portfolio consists of:

Vistas at Pinnacle Park, 4599 W. Davis St., Dallas Mariposa Villages, 1531 Duncanville Rd., Dallas River Oaks, 2000 Country Club Rd., Wylie, Texas Savoy of Garland, 608 Rowlett Rd., Garland, Texas Huntington Ridge, 821 S. Polk St., DeSoto, Texas

Casaro Group, headquartered in Austin, is seeking to acquire companies owning 1,000 to 5,000 units in the sunbelt region.

The firm plans to have 20,000 units by the end of 2022.

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