Bell Companions has acquired a portfolio of 4 condo communities totaling 846 condo properties positioned in 4 of its goal markets. The whole buy worth was $313 million. The portfolio was bought on behalf of Bell Residence Fund VII traders. The 4 properties acquired embrace Sidney at Morningside, positioned in Atlanta, GA (to be renamed Bell Morningside); Residences at Starwood, positioned in Frisco, TX (to be renamed Bell Starwood); Touchstone Flats, positioned in Broomfield, CO (to be renamed Bell Broomfield); and Montecito Flats, positioned in Santa Clarita, CA (to be renamed Bell Valencia).
Sidney at Morningside was accomplished in 2009 and comprises 110 condo properties with a ground plan averaging 1,557 sq. toes. It’s positioned in a residential space near Emory College and retail facilities together with the Ansley Mall and Dealer Joe’s, and supplies entry to employment facilities in Decatur, Midtown, Downtown, and Buckhead. The neighborhood was initially constructed as for-sale condominiums and options massive floorplans with facilities and on-site options together with a high-tech health middle, recreation room, saltwater pool, and a canine park.
Residences at Starwood was accomplished in 1998 and comprises 234 condo properties in a low-density setting. Its location close to the Dallas North Tollway is inside a brief drive to 25 million sq. toes of workplace house in suburban North Dallas and retail facilities together with Stonebriar Centre and Watters Creek Village. The neighborhood options townhome type items with a excessive focus of two- and three-bedroom floorplans and enticing facilities together with garages, personal entries, a health studio, and a dipping pool.
Touchstone Flats was accomplished in 2018 and comprises 292 condo properties. Its location is near main employment facilities together with Interlocken Expertise Park, transportation arteries together with Freeway 36 and the longer term enlargement of the Jefferson Parkway, and retail facilities together with Flatiron Crossing Mall. Neighborhood facilities embrace a full-scale health studio, resort-style pool, and direct entry garages.
Montecito Flats was accomplished in 1999 and comprises 210 condo properties. It lies throughout the road from the Westfield Valencia City Middle Mall and is adjoining to the Valencia Nation Membership, with easy accessibility to Interstate 5. The neighborhood has a mixture of condo floorplans and facilities that embrace golf course views, a spa and health middle, garages, and managed gate entry.
