BELL PARTNERS PURCHASES DALLAS APARTMENT COMMUNITY FOR $51.5M

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DALLAS — Greensboro, N.C.-based Bell Partners Inc. has purchased The Ansley at Park Central Apartments, a 490-unit luxury apartment community that consists of midrise, townhome and garden-style apartments in Dallas, for $51.5 million. The Ansley also features 14,500 square feet of retail space and is currently 96 percent occupied. Bell Partners' purchase of The Ansley, along with a purchase of a Nashville apartment community called 1700 Midtown Apartments, is the first purchase for its Bell Fund IV.

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