DALLAS-A subsidiary of Iliad Group has acquired five apartment complexes comprising more than 1,000 units in North Texas out of foreclosure from Branch Banking & Trust. Marcus & Millichap Real Estate Investment Services handled the sale.

The investment group has purchased the 144-unit Riverfall Square on Riverfall Drive; the 169-unit River Ridge on Furrs Street; the 186-unit Misty Woods on Misty Ridge Circle; the 188-unit Oak Valley on Woodward Way; and the 320-unit Bristol Court on Polk Street for an undisclosed price. For the full story, go to Dallas Morning News .


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