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Westmount Realty Capital has awash Westmount at the Colonnade, a garden-style association in Grand Prairie, Texas. The new owner, MBP Capital Inc., has rebranded the acreage as The Destino. The agent had purchased the asset in 2015 and invested $1.4 actor in autogenous and exoteric renovations.

“Westmount provided avant-garde advantage offerings, exoteric upgrades and assemblage autogenous upgrades including lighting and accouterments fixtures, cabinetry, countertops, appliances, brushed nickel accents and faux copse flooring,” said Brant Brown, CFO & COO for Westmount, in a able statement. 

The eight-building gated association offers one-, two- and three-bedroom units in two- and three-story buildings. According to Yardi Matrix data, the association had a 90.1 percent control amount back the auction closed. Westmount at the Colonnade was congenital in 2000 and provides association amenities that include:

“The Dallas/Fort Worth Mid-Cities breadth is booming and has been a key disciplinarian of hire advance in the North Texas bazaar for the aftermost 10 years,” said Clifford Booth, admiral & CEO of Westmount. “This submarket has a able bread-and-butter foundation and solid employment drivers that allure bartering absolute acreage investors. Westmount is actively gluttonous value-add multifamily communities in able-bodied markets, like the Mid-Cities, beyond the Southwest.”

Located at 2815 Osler Drive, the association is anchored in the centermost of the Metroplex, in adjacency to ample administration such as DFW Airport, Lockheed Martin and General Motors. The closing has invested $1.4 billion into an amplification plan for the Arlington Plant that will access the facility’s armpit by 1 actor aboveboard anxiety and actualize over 3,000 jobs.  

Westmount awash addition Texas association aftermost June, the 362-unit Beverly Palms amid in Houston.

Image address of Westmount Realty Capital

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