MAIN STREET PARTNERS ACQUIRES $6.05 MILLION APARTMENT COMMUNITY

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DALLAS — Manhattan Beach, Calif.-based Main Street Partners & Associates has acquired Ridgegate Apartments for $6.05 million. The Class C multifamily community is located at 9737 Forest Lane in Dallas and contains 270 units. The undisclosed seller was represented by Sam Pettigrew of locally based The Cantrell Company. Acquisition financing was provided by Fannie Mae. Main Street Partners retained JBlue Real Estate Services to manage the property, as well as oversee its planned renovation.

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