Wolfe Investments Purchases Iconic 211 North Ervay in Dallas
Developer plans to create new A-class Apartments in Thriving Downtown Location
PLANO, TEXAS, UNITED STATES, April 26, 2023/EINPresswire.com/ -- Wolfe Investments is pleased to announce they have purchased the iconic 211 North Ervay building in Dallas, Texas.Wolfe Investments is a private equity real estate investment firm located in Plano, Texas. Established in 2012, the company provides investment opportunities to sophisticated and accredited investors across four categories: multifamily, ground-up development, commercial real estate funds, and adaptive reuse projects. From the beginning, Wolfe Investments has aligned its interests with its investors’ by investing alongside them in every offering. Today, the company is a diversified real estate investment firm with nationwide holdings and a growing team.
In the company’s latest move, Wolfe Investments has purchased the 211 North Ervay building in Dallas, Texas. The company plans to transition the current office space into A-class multifamily living. The new redesign will also add amenities including a fitness center and business lounge. Construction is estimated to take 14-16 months. Originally built in 1958, the 18-story building’s exterior is paneled in iconic alternating azure and aquamarine porcelain spandrels. The building last underwent a full renovation in 2014.
Located in the heart of downtown Dallas, the property is in a prime location near major employers, restaurants, and entertainment. Upon completion, the property is planned to have 238 multifamily units. The proposed unit mix will feature studio, 1 bed/1 bath, and two bed/two bath floor plans with a contemporary aesthetic.
For more information about Wolfe Investments, please visit http://wolfe-investments.com/.
About Wolfe Investments
Founded in 2012, Wolfe Investments is a real estate investment firm dedicated to creating passive income for investors through a diverse portfolio of opportunities. The company has invested in over 7,339 units (all-time) with an impressive $560MM worth of assets under management nationwide.
Kenny Wolfe
Wolfe Investments
+1 972-599-0661
info@wolfe-re.com
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
