Westmount Realty Capital Sells Metro Dallas Property

MBP Capital Inc. acquired Westmount at the Colonnade, a garden-style community that had recently undergone a $1.4 million renovation.

Westmount Realty Capital has sold Westmount at the Colonnade, a garden-style community in Grand Prairie, Texas. The new owner, MBP Capital Inc., has rebranded the property as The Destino. The seller had purchased the asset in 2015 and invested $1.4 million in interior and exterior renovations.

“Westmount provided modern amenity offerings, exterior upgrades and unit interior upgrades including lighting and plumbing fixtures, cabinetry, countertops, appliances, brushed nickel accents and faux wood flooring,” said Brant Brown, CFO & COO for Westmount, in a prepared statement.

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