Knightvest Capital, a vertically-integrated multifamily investment company, announced the successful acquisition of the Dorian Apartments, formerly known as the Tribeca Apartments. Situated in the coveted Legacy area of DFW, this 398-unit apartment community marks the latest strategic addition to the Knightvest portfolio. The property is located at 8401 Memorial Lane in Plano, Texas.
“With its strategic location, the Dorian Apartments fit seamlessly into our vision of acquiring institutional quality assets and transforming them into design-driven residential communities,” said David Moore, Knightvest Founder and CEO. “Our team is excited by this latest acquisition as we work to provide a high-quality alternative to new construction in this sought-after market.”
“Our acquisition of the Dorian Apartments is another great example of how we’re executing our value-add strategy to deliver dependable results to investors, residents, and employees,” concluded David Moore.
The acquisition of the Dorian Apartments is one of the last investments from the first Knightvest Capital fund, Knightvest Fund I LP. With a proven track record and strong growth trajectory, Knightvest Capital recently began the process of raising its second fund, Knightvest Fund II LP.
