(Read more on the multifamily market.)
DALLAS-In one day of closings, McDowell Properties has laidclaim to 1,194 units of four class A and class B multifamilyproperties of Equity Residential Properties Trust. The swap wassealed in two transactions following side-by-side, no minimum-asksales campaigns.
The Chicago-based seller has handed over deeds to the 376-unitMadison on the Parkway at 19002 Dallas Parkway and 372-unitWimberly Apartment Homes at 4141 Horizon N. Parkway, both in Dallasand marketed by Dirk Goris with CB Richard Ellis in Dallas. EquityResidential also sold the 248-unit Wimbledon Oaks Apartments at1802 Wimbledon Oaks Lane in South Arlington and 198-unit Villas ofJosey Ranch at 2050 Keller Springs Rd. in Carrollton, both marketedby Brian O'Boyle Sr., founder and principal of Apartment RealtyAdvisors in Dallas.
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