PRESS RELEASES
NOVEMBER 25, 2024
Dallas Multifamily Syndication Fully Subscribed
Balfour Pacific Capital is pleased to announce the full subscription and closing of a minority investment in Water Ridge Apartments. Canadian family offices have invested alongside Balfour’s Fund V for a combined ownership of 80% of the project. Our local operating partner owns the remaining 20%.
JUNE 14, 2024
Balfour Pacific Acquires Water Ridge Apartments in Dallas
Balfour Pacific is pleased to announce the acquisition of Water Ridge Apartments, a 476-unit Class B multifamily community in Irving (Dallas), Texas. The property spans 25 acres and is situated just five miles south of Dallas Fort Worth International Airport. The acquisition was completed on June 14, 2024, in partnership with Casoro Group, who will continue as the operating partner with a minority interest.