JPI Sells Ninth Asset to Lone Star Funds,Texas News

Jefferson Woodlands, a 364-home, 15-acre multifamily community located in Garland, recently sold to an affiliate of Lone Star Funds, marking JPI’s ninth individual asset sold to the private equity firm in the past 12 months. In August and October of 2020, JPI and Lone Star closed two separate bulk transactions that encompassed eight multifamily communities and more than 3,000 apartment homes.

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