Praedium Group Acquires 347-Unit Norra Apartments in Lewisville, Texas


Norra, a 347-unit apartment community in Lewisville, was built in 2021.

LEWISVILLE, TEXAS — The Praedium Group, a New York City-based investment firm, has acquired Norra, a 347-unit apartment community located in the northern Dallas suburb of Lewisville. The newly built property offers one-, two- and three-bedroom units that feature stainless steel appliances, quartz countertops, vinyl plank flooring and full-sized washer and dryers. Communal amenities include a pool, fitness center, clubhouse, work lounge, recreational lounge with a kitchen, dog park and a package locker system. The seller/developer of Norra was not disclosed. New York Life Real Estate Investors, a division of New York Life Insurance Co., provided acquisition financing for the deal. Information on starting rents was not disclosed.

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

Webinars on Demand


Subscribe to the newsletter

Read the Digital Editions

Midwest Multfiamily & Affordable Housing Business

Western Multfiamily & Affordable Housing Business

Texas Multfiamily & Affordable Housing Business

Southeast Multfiamily & Affordable Housing Business

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties  

2021 Finance Insight Video Interviews