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Arch Street and Cortland Partners buy Texas apartment community

Arch Street Capital Advisors, on behalf of a client, has teamed up with Cortland Partners to acquire Suite 2801, a Euless, Texas-based apartment community. No financial terms were disclosed.

PRESS RELEASE

GREENWICH, Conn., Sept. 19, 2017 /PRNewswire/ — Arch Street Capital Advisors is pleased to announce the successful acquisition of Suite 2801 on behalf of an institutional client in joint venture partnership with Cortland Partners. Suite 2801 is a Class A, 417-unit apartment community located in Euless, Texas, a suburb of Dallas, Texas.

Suite 2801
Suite 2801 is strategically located in the center of major employment hubs including Dallas, Fort Worth and Arlington, while also providing convenient access to DFW International airport. The Class A property was built in 2013. The community offers 1, 2 and 3-bedroom luxury apartments boasting premium finishes and quality amenities catering to all ages, including two full-size swimming pools, a resident clubhouse, fitness center, communal lounges and grilling areas. Suite 2801 is conveniently located in walking distance to a major retail destination providing its tenants a “Live-Work-Play” environment.

About Arch Street Capital:
Arch Street Capital Advisors, L.L.C. is a full service real estate investment advisory firm. Arch Street specializes in assisting international investors with their U.S. real estate strategies including acquisition and joint venture advisory, financing advisory, and asset management and disposition services. Since 2003, Arch Street has advised clients on more than $6.0 billion of acquisitions, dispositions and financings. Arch Street manages, on behalf of its clients, a diverse portfolio of investments in the industrial, office, multi-family, single-family, hospitality, retail, health care, student housing, land entitlement and development sectors of the U.S. real estate market. For more information visit: www.archstreetcapital.com