Waterton Residential Acquires Vue Portfolio in Dallas, Texas

Waterton Residential Acquires Vue Portfolio in Dallas, Texas Distinctive, high quality asset group in strong market is attractive as Waterton expands to create national portfolio Share By Waterton Residential Waterton Residential Last modified: 2011-11-30T20:36:02Z Published: Wednesday, Nov. 30, 2011 - 12:35 pm Copyright 2011 . All rights reserved. This material may not be published, broadcast, rewritten or redistributed. CHICAGO, Nov. 30, 2011 -- /PRNewswire/ -- With the goal of national expansion, Waterton Residential recently acquired 592 upscale, high-design apartment units through its purchase of three Class A multifamily properties in Dallas, Texas: Vue Fitzhugh, Vue Greenville and Vue Live Oak. (Photo: http://photos.prnewswire.com/prnh/20111130/CG14919) (Logo: http://photos.prnewswire.com/prnh/20100908/CG61365LOGO) The Vue portfolio, originally developed by Inland American Communities, includes three institutional quality communities totaling 503,775 square feet of rentable space. "Waterton is excited to add such a high quality group of assets to our growing portfolio," said Matt Masinter, senior vice president of acquisitions, Waterton Residential. "The Vue portfolio offers the unique combination of post-2000 vintage construction with value-added potential and a strong, infill Dallas location. Waterton will continue to pursue opportunistic acquisitions in Dallas as we endeavor to grow the Waterton Residential Property Venture XI, L.P. portfolio
Waterton Residential Acquires Vue Portfolio in Dallas, Texas Distinctive, high quality asset group in strong market is attractive as Waterton expands to create national portfolio Share By Waterton Residential Waterton Residential Last modified: 2011-11-30T20:36:02Z Published: Wednesday, Nov. 30, 201 ...