218
DALLAS — Maryland-based investment firm Excelsa Properties has purchased Pear Ridge, a 168-unit apartment complex in North Dallas that was originally built in 1986. According to Apartments.com, the property exclusively offers one-bedroom units and amenities such as a pool, fitness center, business center, clubhouse and outdoor grilling and dining stations. Excelsa plans to invest more than $4 million in capital improvements to unit interiors, building exteriors and amenity spaces. The seller and sales price were not disclosed.