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Cortland, GTIS Acquire 582-Unit Apartment Community in Irving

Cortland-Waters-Edge-Irving-Texas

Cortland Waters Edge is located within Las Colinas, a 12,000-acre business and housing development in Irving.

IRVING, TEXAS — A partnership between two investment firms, Atlanta-based Cortland Partners and New York-based GTIS Partners, has acquired a 582-unit apartment community located within Irving’s Las Colinas district. Cortland Waters Edge was built in phases between 2014 and 2016 and features one-, two- and three-bedroom units. Cortland and GTIS acquired the complex in a two-property portfolio featuring a 330-unit apartment community in Orlando. The seller was not disclosed.

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