Richmond, VA – January 8th, 2015 − 37th Parallel Properties (“37th Parallel”), a total return focused commercial multifamily acquisitions and asset management firm, announced today it has recently closed on The View at Lake Highlands in Dallas, TX.
The View at Lake Highlands, located at 9855 Shadow Way, Dallas, TX, is a 292-unit apartment complex made up of 156 one-bedroom, 104 two-bedroom and 32 efficiency apartments.
”Dallas has led the nation in population growth for the last decade. It also accounts for one third of Texas’s GDP. It is an ideal market for apartment investors,” Dan Chamberlain, COO of 37th Parallel commented, “The View at Lake Highlands is less than 15 miles from downtown Dallas. It’s located in the very solid Richardson submarket which has excellent schools.”
The View at Lake Highlands is the first acquisition in the Dallas market for 37th Parallel. Property amenities include a clubhouse, swimming pool, fitness center and a children’s playground.
37th Parallel Properties provides commercial multifamily investment and asset management services for select private clients across the United States and Internationally. To learn more, visit our website or call 888.837.3720.