AMLI Residential Properties Trust purchased AMLI at Lantana Hills (formerly the Hills of Lantana) in Austin, Texas, and sold AMLI at Chase Oaks in Dallas.

The value of the transactions was not disclosed.

AMLI at Lantana Hills is a 264-unit community set on 23.7 acres. The community was constructed in 2002 and contains 256,570 rentable square feet in 12 two- and three-story buildings with 152 (20 percent) one-bedroom and 112 (54 percent) two-bedroom apartment homes. The average size of the apartment homes is 972 square feet. The community includes two resort-style swimming pools, a fitness center and a resident business center.

No details were disclosed regarding the Chase Oaks property.

AMLI is focused on the development, acquisition and management of institutional-quality multifamily communities in the Southeast, Southwest, Midwest and Mountain regions of the United States.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription