Panther FW Investments Purchases Multi-family Portfolio
Panther FW Investments, LLC (formerly known as Panther Transaction Group) has closed on the purchase of a two-property, multi-family portfolio in Fort Worth, Texas from an out-of-state owner. The portfolio consists of 528 units in two operating communities.
Bent Tree and Country Place are located in the southeast quadrant of the intersection of I-30 and Loop 820 along Normandale Street on Fort Worth’s west side. The properties were built in 1985 and 1986, respectively
Purchase price was not disclosed.
Panther’s business plan is to push rents to current market while enhancements to the exterior and significant interior unit upgrades are completed.
Panther FW Investments, LLC is a private real estate investment company formed for the purpose of investing in opportunistic commercial real estate transactions for its own account and its investors. Panther makes direct acquisitions and invests in third-party real estate joint ventures. The company include Tommy Pigg, Doug Kincaid, Ty Smith and Ben Loughry and is based in downtown Fort Worth, Texas.