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Lone Star Funds' Affiliates Strike $1.8 Billion Portfolio Deal in Sun Belt

Dallas Investor Acquires 46-Property Apartment Portfolio in 17 US States Comprising 9,205 Units
This 144-unit apartment property, built in 2006, in Nashville, Tennessee, was one of the properties in the massive portfolio acquired by Dallas-based Lone Star Funds. (Andrew Nelson/CoStar)
This 144-unit apartment property, built in 2006, in Nashville, Tennessee, was one of the properties in the massive portfolio acquired by Dallas-based Lone Star Funds. (Andrew Nelson/CoStar)
CoStar News
September 21, 2022 | 6:46 P.M.

A Dallas-based real estate investment firm has acquired a massive 46-property portfolio spanning 17 states in the nation's Sun Belt in a deal that was expected to close this summer, betting on the future of housing in high-growth markets experiencing strong in-migration of jobs and residents.

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