Friday, November 08, 2013

Cityplace apartments sell to California investor

A new Dallas apartment community has a new owner.
California-based American Realty Advisors has purchased the 294-unit Allure apartments at North Central Expressway and Blackburn.
The 5-story project was built in 2012 by developer JLB Partners and is located in the Cityplace development on the west side of North Central Expressway.   
The former Allure apartments on North Central Expressway have almost 300 units. (JLB Partners)  
By Steve Brown
stevebrown@dallasnews.com