December 15, 2018
Frontline Holdings struck an agreement with Archwood Real Estate of California to acquire Vieux Coulee Apartments, a 264-unit multifamily property on Fort Worth’s southwest side. The Dallas buyer acquired the property with assistance from financing from Bridge Investment Group. JLL’s Mark Brandenburg and David Godvin arranged for the financing.
Vieux Coulee opened in 1984. Situated on nine acres at 3301 River Park Lane, the complex offers a mix of units. On-site amenities include a fitness center, pool, business center, dog park, club house and direct access to Fort Worth’s Trinity Trail system.
“Over the past several years, Fort Worth has seen rapid growth with new retail, restaurants and entertainment options opening to serve the influx of new residents and young professionals coming to the area,” Brandenburg said. “This continues to fuel investor demand and opportunities here and across the region.”
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