BLDG Partners Acquires Wright Senior Apartments In Grand Prairie From Aerofirma

Aerofirma has sold Wright Senior Apartments, a 154-unit, partially affordable senior housing community in Grand Prairie, Texas, to BLDG Partners. The community, completed in 2004, includes 123 rent-restricted affordable units and 31 market-rate apartments for residents aged 62 and over. BLDG Partners will preserve the property's affordability in accordance with the Low-Income Housing Tax Credits LURA.

Summary of transaction details

• Property Type: Senior Housing
• Transaction Amount: Not disclosed
• Units: 154
• Acres: 12.5
• Market: Grand Prairie
• Address: 1104 South Carrier Parkway

The sale of Wright Senior Apartments was facilitated by Doug Banerjee and Murphy Holloway from Greysteel, who represented both the buyer, BLDG Partners, and the seller, Aerofirma.