Bell Partners Acquires Dallas Multifamily Community.

MANews-(C)2009-2021

US-based apartment investment and management company Bell Partners Inc has acquired Routh Street Flats, a 208-unit apartment community located in Dallas, Texas, the company said.

The property, to be renamed Bell Katy Trail, was acquired on behalf of a separate account venture between Bell Partners and hansainvest Real Assets GmbH, an institutional investment firm based in Hamburg, Germany.

Completed in 2015, Bell Katy Trail features a mix of studio, one- and two-bedroom units. Common area amenities include a rooftop terrace with a fire pit and views of the city, an infinity saltwater pool and a fitness center.

Bell Katy Trail follows the company's acquisition in August of Bell CityLine, a 435-unit community located in the Dallas suburb of Richardson.

In June, Bell Partners acquired Lenox Springs and Lenox...

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