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Dallas investor takes Mansfield apartment community

Dallas investor takes Mansfield apartment community

Steve Brown, The Dallas Morning News

December 18th, 2023


SPI Advisory purchases new rental community south of Arlington.

MAIN STREET LOFTS

“A Dallas-based apartment investor has made its fifth Texas property purchase of the year — this time in Mansfield.

SPI Advisory in a partnership acquired Main Street Lofts, a 266-unit rental community in Mansfield south of Arlington.

Built in 2022, Main Street Lofts has a rooftop deck and entertainment lounge, coffee bar, fitness center and electric vehicle charging stations. The property has trail access to a public three-acre park and Mansfield’s historic downtown.

The rental community was a project of Realty Capital Residential. Cushman & Wakefield marketed the apartments for sale.

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