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37th Parallel Properties Buys 252-Unit Creekside South Apartments in Wylie, Texas

WYLIE, TEXAS — Richmond, Va.-based investment firm 37th Parallel Properties has acquired Creekside South, a 252-unit apartment complex in Wylie, a northeastern suburb of Dallas. Built in 2015, Creekside South offers one-, two- and three-bedroom floor plans with an average size of 936 square feet and amenities such as a pool and outdoor lounge. Cutt Ableson of Berkadia arranged acquisition financing through an undisclosed life insurance company on behalf of 37th Parallel. The seller was not disclosed.

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