RPM Living Acquires Mustang Station Multifamily In Farmers Branch

RPM Living has acquired Mustang Station, a transit-oriented development in Farmers Branch. The property is located at 2500 Pepperwood Street and is adjacent to DART's Farmers Branch rail station. With over 440 apartments, the multifamily asset was developed by Western Securities and is over 95% leased. This acquisition expands RPM Living's existing portfolio of apartment properties in Dallas.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Address: 2500 Pepperwood Street
• Market: Farmers Branch

RPM Living, represented by Jason Berkowitz, purchased Mustang Station from Western Securities, represented by Ryan O'Connor. The acquisition allows RPM Living to strengthen its presence in the Dallas rental market, adding a well-located property with high occupancy. This transaction marks another successful deal for both RPM Living and Western Securities.