Real Estate - DECEMBER 1, 2021

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Casoro Group sells 1,070-unit multifamily portfolio in Texas

by Released

Casoro Group, a leading multifamily real estate investment firm based in Austin, has announced the sale of five multifamily properties with a total of 1,070 units in the Dallas–Fort Worth metro area. The sale represents Casoro Group’s latest investment strategy to redirect capital to real estate properties focused on the knowledge worker market sector.

Yuen Yung, Casoro Group CEO, said, “This sale comes at the perfect time for Casoro Group to realign with our knowledge worker real estate investment strategy in the Sunbelt region. By allocating available funds toward projects serving a generation of highly skilled, resilient workforce, we are confident that our investments will endure beyond periods of both growth and recession.”

Two of the complexes are situated in Dallas: the 216-unit Mariposa Villas, located at 1531 Duncanville Road, and the 332-unit Vistas at Pinnacle Park, located at 4599 W. Davis St. Both are class B properties that were constructed origin

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