SPI Advisory Announces Sale Of 240-Unit Apartment Complex

SPI Advisory Announces Sale Of 240-Unit Apartment Complex

Lisa Hay, What Now DFW

March 13th, 2023

---

After a 2-year hold, Texas-based private equity firm, SPI Advisory, LLC, disposes of Canopy at South Lakes.

CANOPY AT SOUTH LAKES, “Canopy”

“On March 10th, 2023, SPI Advisory, LLC, the Dallas & Austin-based multifamily private equity firm, announced the sale of Canopy at South Lakes, a 240-unit, Class A- apartment complex built in 2002 and located at 500 South I-35E in the north Dallas/Fort Worth suburb of Denton, TX.

Over the past two years of ownership, SPI implemented a number of capital improvements to the property that included premium unit upgrades, an automated package locker system, an outdoor pool lounge renovation, a complete office remodel, and more.”

Read the Rest of This Article

Read Other Articles About Canopy at South Lakes

---

Want to get in touch with SPI?