Arch Street Capital Advisors has sold a 417-unit class A multifamily asset in the Dallas–Fort Worth metro area.
The asset was acquired in 2017 on behalf of one of Arch’s institutional capital partners. The business plan focused on increasing value through revenue management strategies and streamlined operational expenses, combined with strengthening market fundamentals.
“We are pleased to successfully exit this asset upon executing our business plan, derived through a combination of our macro perspective and property-level insight,” said Christopher Collins, vice president of asset management at Arch Street Capital Advisors. “One of Arch’s strengths is our ability to shift between different geographies — both within the United States and Europe — and different asset classes. It provides Arch with acute market insight into dislocated pricing that drives strong risk-reward acquisitions across all market cycles. The sale of this class A asset demonstrates
