DALLAS-The Canada Pension Plan Investment Board is planning to invest $355 million to acquired stakes in two apartment properties and building five apartment properties in Dallas and other US cities. The pension fund will obtain a stake in the 700-unit AMLI at the Ballpark in Frisco.
The AMLI at the Ballpark is currently under development and it will be ready in late 2012. The pension fund also invested in multifamily properties in and surrounding Chicago and San Francisco. For the full story, go to Dallas Business Journal .
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