Lone Star Funds Sells Three West Texas Multifamily Properties Totaling 606 Units

by Taylor Williams

LUBBOCK AND MIDLAND, TEXAS — Lone Star Funds has sold three unnamed multifamily properties totaling 606 units in West Texas. Two of the properties totaling 392 units are in Lubbock and were completed in 2004. The third property, which was built in 2013 and totals 214 units, is located in Midland. Lone Star acquired the assets in 2022 and implemented capital improvements during its ownership period. The properties sold to three separate buyers that requested anonymity.

You may also like