DALLAS-The CONTI Organization, based in Dallas, has expanded its portfolio by purchasing a multifamily property in Dallas' Bachman Lake neighborhood. The real estate company has bought the Santa Fe Apartments, a 237-unit apartment complex at 9505 Brockband Drive.

CONTI bought the complex through a Fannie Mae loan. The investment firm is planning to spend $700,000 in capital improvements, which include office upgrades, building exteriors and interior. For the full story, go to Dallas Business Journal .


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.