CBRE Capital Markets’ Investment Properties has arranged the sale of Newport, a 308-unit multifamily community in the north Dallas suburb of Irving. The PPA Group, based in Austin, purchased the asset from Shreveport, La.-based Fortis Co. for an undisclosed price.

Read the full article from RE Business Online here:

http://rebusinessonline.com/austin-investor-buys-308-unit-value-add-multifamily-community-in-irving/