Westmount Realty Enters Arizona, Acquires 949 at the District

Westmount Realty Capital of Dallas, TX entered the Arizona market with its acquisition of 949 at the District, a 154-unit apartment complex at 949 S. Longmore St. in Mesa. The purchase of the 40-year-old complex is Westmount’s first outside of Texas, and the new owner already rebranded the asset as Westmount at the District. The seller was not disclosed.

“Westmount has been tracking the Phoenix market for years, and 949 at the District presented us with the opportunity to enter the region with the acquisition of a well-constructed, vintage multifamily property with a substantial value-add potential,” said Westmount’s Michael Anderson.

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