Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Texas  + Apartments  | 

396-Unit Beacon Hill Apartments Sells, Undergoes Rebranding

Pacific Team Management ended its hold on Beacon Hill Apartments, selling the 396-unit property to WindMass Capital. The new owner is implementing a value-add program for the 80%-occupied complex at 9959 Adleta Blvd. on Dallas’ far northeast side, already renaming it The Edison.

Dan McQuaid with Matthews Real Estate Investment Services led the team in the transaction. “The seller achieved a great result and can now reposition their capital,” he said. “The buyer acquired an excellent investment opportunity in which they will be able to increase the value of the multifamily asset through upgrades.”

The property offers one and two-bedroom floor plans. The 1980s apartment complex’s amenities include a fitness center, spa and pool, racquetball court, package service and clubhouse.

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

Connect With Pacific Team ManagementConnect With WindMass CapitalConnect With Matthews Real Estate's McQuaid

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

Step 1: Select Education
  • ◦Sale/Acquisition
New call-to-action