Sherman Residential acquired Axis Kessler Park apartments, a 2017-constructed Class A+ multifamily community in West Dallas. Formerly Lincoln Kessler Park, the property traded for an undisclosed sum.
The low-density property contains 299 larger-than-average units. Among its features are National Green Building Standard Silver certification, privacy conveniences such as individual garages or assigned carports, controlled-access gates, personal patios/balconies and yards, and complimentary virtual fitness memberships; amenities such as a 24-hour fitness center, putting green, on-site retail, clubhouse with business center, resort-style pool, and fenced-in pet park; and views of the downtown Dallas skyline and the Stevens Park Golf Course.
Scott Gould, Sherman Residential SVP, said, “The acquisition of the Lincoln Kessler Park Apartments continues our firm’s long-term commitment to investing in the Dallas-Fort Worth metropolitan area. We look forward to continuing to pursue the acquisition of additional high-quality, multifamily properties in the market.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).