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Archway Equities buys Dallas multifamily property on improving market fundamentals

Deal comes as construction starts have declined 70%

Coronado Apartments, located at 7414 East Grand Ave. in Dallas’ Lakewood neighborhood, expands Archway Equities' Texas portfolio to 11 properties consisting of nearly 2,700 units. (CoStar)
Coronado Apartments, located at 7414 East Grand Ave. in Dallas’ Lakewood neighborhood, expands Archway Equities' Texas portfolio to 11 properties consisting of nearly 2,700 units. (CoStar)

Archway Equities, a multifamily real estate investment firm, has purchased a Dallas apartment project, betting on long-term growth in the area where oversupply has brought down property values.

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