FRISCO, TX (August 27, 2018) – CAF Capital Partners, a Dallas based private equity real estate firm, announced today it has acquired Spring Parc Apartments in Dallas, Texas. The community consists of 304 units and is located at 18250 Marsh Lane.
“The acquisition of Spring Parc increases CAF’s presence in a highly desirable submarket,” said Jack Alexander, President, CAF Capital Partners.
Spring Parc Apartments are located in a suburb of North Dallas and allows residents easy access to employment, shopping and recreational amenities. Spring Parc is located east of President George Bush Turnpike, which serves as one of the major transportation hubs throughout the city.
“We plan on updating the common areas and unit interiors to bring a modern feel to the community,” said Alexander.
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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