CLEVELAND, OH - Citymark Capital closed its eighteenth investment. The Lyndon, is a 504-unit property located in the Dallas metropolitan area.
The property is located near Irving, Texas at the intersection of MacArthur Boulevard and I-635 providing easy access to the greater Dallas area. The Lyndon is approximately 10 minutes from the DFW International Airport and within a 3-mile radius of Cypress Waters and Las Colinas Urban Center.
“We continue to see attractive multifamily investment opportunities and are excited about this opportunity for our investors,” said Dan Walsh, President & CEO. “The Lyndon marks our third investment in the Dallas market as we continue to execute our strategy of investing in institutional quality apartments with the goal of improving living experiences and adding value in the communities.”
Citymark has invested in 18 assets in Dallas, Las Vegas, Northern New Jersey, Orlando, Houston, Raleigh, Atlanta, Phoenix, Columbus, Denver, Austin, and Salt Lake City.
About Citymark: Citymark Capital, a real estate fund manager headquartered in Cleveland provides joint venture equity for value-add, multifamily investments, executed by experienced regional and national operating partners. The firm targets institutional-quality, garden-style communities ranging in size from 100-500 units, in the top U.S. markets based on population.
Citymark has made investments in properties located in Dallas, Las Vegas, Northern New Jersey, Orlando, Houston, Raleigh, Atlanta, Phoenix, Columbus, Denver, Austin and Salt Lake City. For further information on Citymark Capital, visit www.citymarkcapital.com or contact Matt Porath at 216-453-8087 or Dana Banda at 216-453-8088.
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