PERFORMANCE PROPERTIES PARTNERSHIP BUYS 416-UNIT MULTIFAMILY COMPLEX

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DALLAS — A partnership of Performance Properties LLC has acquired the 416-unit Vista Buena Apartment Homes complex in North Dallas. Located at 13350 Manham Road, the property was 98 percent occupied at the time of sale and offers one-, two- and three-bedroom floor plans ranging from 564 to 1,419 square feet. Vista Buena, originally constructed in the mid to late 1970s, is in close proximity to several large area employers, including Texas Instruments Inc. David McQuiad and Todd White of Performance Properties represented the partnership in the transaction, while Tom Flood of Multifamily Advisory Partners represented the seller, Santa Maria LLC. Steve Heldenfels and De’on Collins of HFF represented the acquisition lender, ViewPoint Bank.

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