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IPA Negotiates Sale of 262-Unit Riley Apartments at CityLine in Metro Dallas

The-Riley-Richardson

The Riley in Richardson totals 262 units. The property was built in 2018.

RICHARDSON, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The Riley, a 262-unit apartment community located within the CityLine mixed-use development in the northeastern Dallas suburb of Richardson. The property was built in 2018 and offers amenities such as a pool, grilling areas, dog park, fitness center and a Wi-Fi café with a serving bar and TV. Drew Kile, Joey Tumminello, Will Balthrope and Grant Raymond of IPA represented the seller, JLB Partners, and procured the buyer, TTI Capital.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Walker & Dunlop

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