SPI Advisory purchases new rental community south of Arlington.
“A Dallas-based apartment investor has made its fifth Texas property purchase of the year — this time in Mansfield.
SPI Advisory in a partnership acquired Main Street Lofts, a 266-unit rental community in Mansfield south of Arlington.
Built in 2022, Main Street Lofts has a rooftop deck and entertainment lounge, coffee bar, fitness center and electric vehicle charging stations. The property has trail access to a public three-acre park and Mansfield’s historic downtown.
The rental community was a project of Realty Capital Residential. Cushman & Wakefield marketed the apartments for sale.”