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WICHITA FALLS, TEXAS — Dallas-based Vanguard Real Estate Advisors has brokered the sale of Arbor Creek Apartments, a 360-unit multifamily property in Wichita Falls, about 140 miles northwest of Dallas. The Class B community, which was 94 percent occupied at the time of sale, was built in phases in 1977 and 1980. Floorplans feature one-, two- and three-bedroom units and amenities include a pool and a fitness center. Jordan Cortez of Vanguard marketed the property on behalf of the seller, Maven Management, and procured the undisclosed buyer.