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Meadows at Ferguson is directly off Interstate 635, minutes from downtown with access to employers throughout the Dallas metro, and within walking distance to Meadow Creek Village Shopping Center.
The seller was Drawbridge Realty, which acquired the property in 2013 and performed a complete redevelopment including new common areas and taking the building back to shell condition.
The new fund follows a bar association report estimating significant cost savings by providing access to counsel to low-income tenants facing eviction.