Consolidated Investment Group Acquires 236-Unit Multifamily Complex In Irving From Criterion Development Partners

The International at Valley Ranch is a multifamily asset comprising 236 units located at 9921 W Valley Ranch Pkwy in Irving, Texas. The property is strategically positioned near Dallas Fort Worth International Airport and major highways, with amenities that include smart building technology and EV charging stations.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Not specified
• Units: 236
• Buyer: David Merage - Consolidated Investment Group
• Seller: W. Pretlow Riddick - Criterion Development Partners
• Brokers: Drew Kile, Michael Ware, Joey Tumminello, Taylor Hill, Shelby Clark & Jack Windham - Institutional Property Advisors
• Market: Irving

Institutional Property Advisors acted on behalf of Criterion Development Partners in this transaction, successfully securing Consolidated Investment Group as the buyer. The property is situated in a high-demand and employment-rich market, enhancing its value within the area.