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August 12: This Week’s Dallas-Fort Worth Deal Sheet

SALES Westmount Realty Capital acquired an 11-story, multifamily high-rise, The View at Kessler, pulling the historic Kessler Park CRE asset into its portfolio. The high-rise, which is at 2511 Wedglea Drive near Oak Cliff, was... Read More

Westmount Acquires One of the Last Buildings by Famed Architect

One of Dallas’ most architecturally and historically significant properties has been acquired by Westmount Realty Capital. The View at Kessler is an 11-story residential high-rise located at 2511 Wedglea Dr. in the Kessler Park... Read More

Locally Based Investor Buys Residential Tower in Hip Dallas Neighborhood

Westmount Realty Capital, a global investment firm with $1 billion in real estate investments in its portfolio, has acquired a mid-century modern high-rise apartment tower in a hip part of Dallas and is planning a multimillion-dollar... Read More

Landmark Oak Cliff tower gets new owner with plans for major redo

An iconic Oak Cliff high-rise has sold to Dallas developers who plan to redo the building.

The View at Kessler – originally called Wedgwood Tower – is an 11-story residential tower that overlooks Oak Cliff’s... Read More

Industrial’s strengths will extend its innings

Over the past two decades, the industrial sector has gone from benchwarmer to cleanup hitter. At this point in the year, and this late in the cycle, are commercial real estate investors still looking to send this asset class up to... Read More

Westmount Acquires Pointe at Ramsgate in Value-Add Play

Dallas-headquartered Westmount Realty Capital struck a deal with a local seller to acquire The Pointe at Ramsgate, a 300-unit, Class B apartment complex in San Antonio’s northwest market. The new owner is planning value-add... Read More

Westmount Expands San Antonio Presence

Following the recent acquisition of the 200-unit The Place at Houston Street, Westmount Realty Capital has purchased another San Antonio property: the 300-unit The Pointe at Ramsgate. Yardi Matrix data shows the seller was Commerce... Read More

Job Jolt Provides Boost for Multifamily Investment

SAN ANTONIO – Due to steady job growth, San Antonio’s unemployment rate is below the national average. The city has added an annual average of 29,000 jobs during the past five years. Additionally, more than 1 million people are... Read More

Westmount Sells Baltimore-Area Industrial Park

The company sold Logistics Pointe BWI in Hanover, Md., a 357,700-square-foot light industrial and distribution center, following a capital improvement program.

Westmount Realty Capital has sold Logistics Pointe... Read More

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... Read More

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