REBusinessOnline

Transwestern Brokers Sale of Two Apartment Communities Totaling 796 Units in Fort Worth Area

Asher Apartments, a 332-unit community in Fort Worth, was previously known as Oakland Hills.

BEDFORD AND FORT WORTH, TEXAS — Transwestern has brokered the sale of two multifamily communities totaling 796 units in the Fort Worth area. An undisclosed local investment partnership purchased the 464-unit Oak Creek in Bedford and the 332-unit Oakland Hills in Fort Worth. Taylor Snoddy, Philip Wiegand and James Roberts of Transwestern represented the seller, Madera Residential, in the portfolio transaction. The new ownership has since rebranded the assets as Morgan Apartments and Asher Apartments, respectively.

 

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