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DALLAS-Westmount Realty Finance LLC, a private firm based in Dallas, has partnered with Knightvest Capital to purchase an apartment community in northeast Dallas from lenders. The firm has acquired Silverado Springs, a 317-unit apartment community at 11100 Walnut Hill.

The rental community, constructed in 1983, was foreclosed last year by Bank of America when the property owners failed to pay nearly $4 million in debt. The new owners have plans to improve the property and give a new identity to it.For the full story, go to Dallas Morning News.


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