Luxury lofts in Dallas’ Medical District sell to Chicago-based investment group

A luxury loft-style apartment community in Dallas’ Medical District, which sits two blocks from a DART rail station, has sold to a Chicago-based investment firm.┬áTerms of the deal were undisclosed.

Sherman Residential, a division of a Chicago-based, family-owned firm Benj. E. Sherman & Sons Inc., acquired the Maple District Lofts, a recently-completed, 342-unit apartment community at 5415 Maple Ave. in Dallas.

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