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TPEG funds acquisition of nearly 1,200 apartment units in Dallas

March 8, 2017

 

TPEG partnered with S2 Capital, LLC for the purpose of acquiring and renovating two garden-style multifamily communities in Dallas, Texas. Willow Pond was built in 1974 and consists of 386 units, and Tierra Linda was finished in 1969 and has 804 units. TPEG provided $18.39 million in preferred equity and mezzanine capital.

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