HLC Equity Purchases Apartment Property in Fort Worth for $39.5M

by Taylor Williams

FORT WORTH, TEXAS — Pittsburgh-based investment firm HLC Equity has purchased Republic Deer Creek Apartments, a 336-unit multifamily community in Fort Worth. The Class A property was built in 2012 and features a mix of one- and two-bedroom units. Amenities include a pool with tanning ledges, fitness center, resident lounge with a coffee bar, a dog park and playground and a business center. Bellwether Enterprise and Maverick Commercial Properties provided financing for the acquisition through Freddie Mac. The seller was not disclosed.

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