CHICAGO-Chicago-based Fifield Cos. has purchased four apartment properties totaling 1,348 units in Texas. The company invested $109 million or about $81,000 per unit in the properties.
A Fifield investment fund has purchased an apartment complex in the Austin area and two in suburban Dallas from Fort Worth, Texas-based Parkwood Management, and a Fifield partnership with New York-based Area Property Partners has acquired a complex outside Dallas from Nolan Properties in Kansas City, Kansas.For the full story, go to Crain's Chicago Business.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.