This Week's Dallas-Fort Worth Deal Sheet: SPI Advisory Buys 314-Unit Property in Lakewood Area of Dallas

This Week's Dallas-Fort Worth Deal Sheet: SPI Advisory Buys 314-Unit Property in Lakewood Area of Dallas

Billy Wadsack, Bisnow Dallas-Fort Worth | October 28th, 2024

SPI Advisory acquired the 314-unit multifamily property Winsted at White Rock in Dallas’ Lakewood neighborhood as a value-add opportunity.

 

WINSTED AT WHITE ROCK

New Winsted at White Rock owner SPI Advisory plans a variety of improvements to the 314-unit property.

“The Class-A garden-style property was built in 1996 and has only been partially renovated by prior ownership. SPI intends to fully renovate the property’s remaining classic units, improve common areas and amenities, and finish the installation of washers and dryers in all units…Winsted at White Rock is SPI’s 49th acquisition in DFW since it was founded a decade ago.”

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