FRISCO, TX (December 21, 2018) – CAF Capital Partners, a Dallas based private equity real estate firm, announced today it has acquired The Residence at North Dallas. The community consists of 1032 units and is located at 18665 Midway Road.
“This acquisition marks our largest to date, and second with our joint venture partner,” stated Chris Faulkner, CEO, CAF Capital Partners.
The Residence of North Dallas is located in far north Dallas with convenient access to George Bush Tollway and the North Dallas Tollway.
The new ownership plans to enhance the common areas and upgrade select units.
About CAF Capital Partners: CAF Capital Partners is a Dallas-based private equity real estate firm, specializing in the acquisition, redevelopment, repositioning and subsequent sale of institutional quality multifamily real estate. Our track record includes closing over $3 billion in apartment properties and asset managing more than 9,000 multifamily units in Texas and the Southwest. CAF Capital Partners is a subsidiary of CAF Companies.
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