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A 226-unit apartment complex located at 660 Yorktown Street in Dallas has sold. The seller, Nuveen Real Estate, sold the 2016-built property to ShainRealty Capital. The property is situated next to the neighborhood of Kessler Park.
The purchase price was $39.5 million, or $174,779 per unit. The sponsor will implement an affordable housing tax credit on the property and rebrand the name to “Infinity on Yorktown”.
