GREA closes sale of 248-unit apartment community in Denton

GREA closes sale of 248-unit apartment community in Denton

REJournals | July 23rd, 2024


 

GREA brokered the sale of Aspire and Lana Apartments, a 248-unit apartment community at 201 Coronado Drive and 521 E Windsor Drive in Denton, Texas…

The local Seller, Legacy REI, sold to Dallas-based SPI Advisory.

The marketing process for Aspire and Lana Apartments was highly competitive, generating 44 formal offers from potential buyers across 12 states…

The transaction moved swiftly from contract to close in just 47 days.”

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