DALLAS--Oakwood Worldwide has acquired a232-unit apartment complex in Uptown Dallas. The property, newlynamed Oakwood Dallas Uptown, is the secondOakwood-branded property acquired as part of Oakwood Worldwide andMapletree Group's recent multi-billion dollarjoint venture.

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“Oakwood Dallas Uptown is a wonderful addition to OakwoodWorldwide's expanding portfolio of properties,” M. ScottOrrantia, senior vice president and chief investmentsofficer of Oakwood Worldwide, told GlobeSt.com. “It's a perfect fitfor our expansion strategy as we partner with our clients to ensurewe have the right properties in the places where they want to dobusiness.”

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Originally named Bryson at City Place, OakwoodDallas Uptown consists of both furnished and unfurnished studio andone- and two-bedroom apartments with the option of 24 differentfloor plans. Amenities include a resort-style pool, a10,000-square-foot athletic club and outdoor lounge areas.

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Oakwood Worldwide is planning improvements to apartment andcommunity amenities at Oakwood Dallas Uptown including upgradedstone countertops, wood flooring and new lighting fixtures, as wellas barbecue grills and cabanas at the pool and outdoor livingareas.

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