SPI Advisory acquires eclectic Class A, 340-unit Downtown Dallas Farmers Market apartment community

SPI Advisory acquires eclectic Class A, 340-unit Downtown Dallas Farmers Market apartment community

PRESS RELEASE | July 26, 2022

SPI Advisory, LLC


 

The 340-unit Downtown Dallas Farmers Market apartment community, ‘Cortland Good Latimer’ was just recently acquired by Dallas-based multifamily private equity firm, SPI Advisory, LLC; to rebrand as ‘Skyline Farmers Market.’

Skyline Farmers' Market

SKYLINE FARMERS MARKET, formerly known as ‘Cortland Good Latimer’ | Photographed by Todd N. Kamp, 2017

On July 26th, 2022, SPI Advisory (“SPI”) finalized its acquisition of the institutional quality multifamily apartment community in Downtown Dallas, Cortland Good Latimer. Upon acquisition, SPI also announced its intent to rename & rebrand the complex as ‘Skyline Farmers Market.’

Developed in 2016, Skyline Farmers Market, formerly known as Cortland Good Latimer, is a Class A apartment complex located at 835 South Good Latimer Expressway in the heart of Downtown Dallas’ revived & growing Farmers Market neighborhood. 

The complex comprises 340 spacious units that offer Dallas residents upscale amenities such as chef-inspired kitchens, energy-efficient stainless steel appliances, walk-in closets, contemporary granite countertops, and private patios & balconies. Skyline Farmers Market also features luxurious community amenities such as an outdoor gourmet kitchen, a state-of-the-art fitness center, a resident social club & business center, an urban oasis pool lounge, and sweeping Dallas skyline views. 

“We are excited about the future growth of Downtown Dallas,” said Michael Becker, Principal of SPI Advisory. “The large influx of recent capital in the Farmers Market and nearby Deep Ellum along with the emergence of the new ‘East Quarter’ neighborhood has us bullish on the future of the eastern side of Downtown Dallas.”

In addition to the added value of being situated directly adjacent to Farmers Market’s 26,000 SF food hall and artisanal vendor market, the property also shares close proximity to the eclectic Dallas entertainment district, Deep Ellum, the Dallas CBD, Baylor University Medical Center, & Dallas Arts District.

SPI Advisory looks forward to managing & maintaining the growth, value-add, and development of this eccentric, up-and-coming apartment community in the years to come.

Read more about Skyline Farmers Market

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About SPI Advisory, LLC

SPI Advisory is a Texas-based multifamily private equity firm founded in 2014 & headquartered in Dallas, TX with a second office in Austin, TX. SPI transforms the way high-net-worth investors from across the country identify, assess, secure, & sell high-yield, tax-efficient multifamily real estate investments across the Texas region by offering tailored joint venture partnership & advisory services as well as democratized passive investing opportunities in institutional-quality multifamily assets to their increasingly diverse client base. Read more here.


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