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Millburn & Co. has acquired Mason + Mill, a 349-unit multifamily property in Mansfield, Texas, a Dallas-Fort Worth submarket. Institutional Property Advisors brokered the deal on behalf of the seller and procured the buyer.

JLB Partners previously owned the asset, according to Yardi Matrix information. The firm completed the property last year using funds from a $41.4 million construction loan originated by Regions Bank in October 2021.

Located at 2000 Nahvi Road, Mason + Mill is near the intersection of Highway 360 and U.S. Route 287 and close to the 200-acre Reserve Mansfield mixed-use district currently underway. Downtown Dallas is 32 miles away, while DFW International Airport is 25 miles north.