DREVER CAPITAL SELLS 656-UNIT APARTMENT COMPLEX IN NORTHEAST DALLAS

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DALLAS — Drever Capital Management LLC has sold Honey Creek, a 656-unit apartment complex in north Dallas, following a $3.7 million, seven-year redesign that raised occupancy from 80 to 94 percent. The sales price was not disclosed. B.H. Management acquired the three-story complex, which is located at 11611 Ferguson Road just off Interstate 635. A team of brokers from ARA Inc.’s Dallas office included Brian O’Boyle Sr., Brian Murphy, Brian O’Boyle Jr. and Jakob Andersen.

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