DALLAS, TX - The Dallas and Austin-based multifamily private equity firm, SPI Advisory, LLC (“SPI”) and its 1031 partners announced the sale of The Wood Meadow Apartments, a 222-unit, Class B apartment complex located at 6897 Meadow Crest Dr in the Fort Worth suburbs of North Richland Hills, TX. Constructed in 1984 and renovated in 2018, the property was initially acquired by SPI and its partners in 2017.
Over the past few years of ownership, SPI implemented a number of capital.