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Multifamily investment firm recapitalizes Dallas project as demand persists

Ashcroft Capital, Virtus Real Estate eye turnaround in rent growth
Ashcroft Capital repurchased the Avery, a 304-unit garden style luxury apartment development in Lewisville, Texas, with a new joint venture partner. (CoStar)
Ashcroft Capital repurchased the Avery, a 304-unit garden style luxury apartment development in Lewisville, Texas, with a new joint venture partner. (CoStar)
CoStar News
January 3, 2025 | 10:31 P.M.

A multifamily investment firm has recapitalized a Dallas-Fort Worth area apartment development after changing partners in a joint venture as optimism for the sector’s performance in 2025 grows.

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