Fort Worth multifamily sale tops $15 million

Out-of-state company banks on region's economy

Los Angeles-based Lagovent Real Estate Group today announced the purchase of a 265-unit apartment complex in Fort Worth, Texas, for $15.1 million. An unidentified entity sold the property, which encompasses nearly 16 acres. Lagovent was attracted to the location because of the expected 2.7 percent growth in employment this year, according to a press statement. ...