“The Dallas & Austin-based multifamily private equity firm SPI Advisory and its 1031 partners just finalized the acquisition of “Ivy Urban Living” or “The Ivy,” a Class-B+, 228-unit apartment community built in 1988 & located just north of Downtown Dallas, TX, in the flourishing Uptown district.
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Ivy Urban Living represents SPI’s 15th current property under management in the metropolitan area, totaling nearly 3,400 units. This transaction serves as the firm’s 44th acquisition in the DFW metroplex since its inception in 2014.”
