News
Dallas-Fort Worth Commercial Real Estate

REBIRTH

Houston-based Conti, which owns around a dozen multifamily assets in DFW, has acquired the Phoenix Place Apartments at 2601 Arroyo Ave in a strategic expansion move, Conti founder and prez Carlos Vaz tells our Houston reporter. It'll rename it Villa Torino and invest$700K in improvements. Conti's local focus is the City of Dallas, and Carlos tells us he likes the NW quadrant of the Metroplex, though he's also targeting northern submarkets in the Dallas area, TCU in Fort Worth, and the HEB area. Properties along or near the growing 
I-35 are also potential acquisitions.

Continue reading this story with a free account

Log in or register
Related Topics: Carlos Vaz
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

KKR-Affiliated Data Center Developer CyrusOne Names New CEO

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines