JV Adds Carrollton, Texas Multifamily Complex to Portfolio

NEW YORK—The Praedium Group, based in New York City, and San Antonio, Texas-based Internacional Realty have acquired The Residences at the Collection, a newly constructed, 312-unit residential property developed by Embrey Partners in the Dallas submarket of Carrollton.

The property includes one- and two-bedroom apartments and also includes 48 townhomes, each with attached two-car garages and fenced yards.

Apartments at Residences at the Collection feature 9-ft. ceiling heights, private outdoor space, walk-in closets, central air conditioning, stainless steel appliances and full size washers/dryers. Community amenities include a resort-style pool, sundeck, spa, fitness center, business center, clubhouse, billiards room and game room.

The property is located in close proximity to neighborhood amenities, including a Super Target, Wal-Mart, Home Depot and the Vista Ridge Mall, a regional mall anchored by Macy’s, Sears, JC Penney and Dillard’s.

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