JLL secures sale of apartment community in east Dallas
Dallas-based WindMass Capital acquires Bristol Square
DALLAS, May 7, 2019 – JLL Capital Markets experts announced the successful sale of Bristol Square today. The 341-unit, 12 building apartment community, located at 1720 John West Road, was acquired by Dallas-based WindMass Capital.
JLL’s Zar Haro, Moses Siller, Jorg Mast and David Fersing represented the seller, McGuire Family Properties, in the transaction. Haro and Siller lead the effort.
“The region’s strong economic fundamentals are increasing investor interests for multifamily product with potential upside through implementing a value add strategy,” said Haro. “Strategic investments to Bristol Square are sure to deliver great long-term returns for the new owner given the market’s continued projected growth.”
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2017 alone, the firm’s 2,400 Capital Markets specialists completed $170 billion in investment sale and debt and equity transactions globally.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com