IMT Acquires 341 Unit Multifamily Property in Dallas, TX
DALLAS, TX. May 21, 2015 – IMT Capital, LLC, a private real estate investment and management company, together with its affiliate IMT Residential, a leading nationwide apartment operator with multi-family properties that extend throughout California, Arizona, Texas, and Florida, today announced the acquisition of IMT Lakeshore Lofts.
IMT Lakeshore Lofts is a luxurious residential community totaling 341 apartment homes. Located at 800 Lake Carolyn Parkway, Irving, TX 75039, this urban apartment community is ideally located in the Las Colinas Neighborhood, and situated on Lake Carolyn with direct access to the Waterfront Promenade, a short walk to the DART Light Rail Station, and companion trail access to 22 miles of hiking and biking trails.
The apartment homes at IMT Lakeshore Lofts boast spacious studio, 1, 2, and 3 bedroom floor plans that feature open granite topped kitchens and bathrooms, sealed concrete floors, relaxing soaking tubs or walk-in showers, beautiful Lake or Pool views, and large walk in closets*. The community encourages an active and social lifestyle with a 24-Hour Fitness Center with strength and cardio training zones, a Spinning Cycle Room, a Yoga and Meditation Center, a Game Room with Billiards, two Resort-Style Pools, a Media Lounge, and a Wine Room.
“We are pleased to continue the expansion into Dallas, TX with the addition of IMT Lakeshore Lofts. The Las Colinas Neighborhood location is an ideal location for us, one slated to see continuous rent growth in the next few years,” said Joseph Elhabr, Vice President, IMT Residential. IMT plans on implementing its professional and strategic managing techniques to ensure steady and continual growth while maintaining the superior service that has allowed them to realize their well earned reputation.
About IMT Capital
IMT Capital, LLC is a private real estate investment firm based in Los Angeles, CA, with offices in San Francisco, CA and Austin, TX. The company’s principals have made investments in excess of $2 billion in value since 1992. The company is a specialized manager concentrating in multifamily opportunities in major U.S. markets. Additional information on IMT Capital can be obtained by going to www.imtCapital.com
About IMT Residential
IMT Residential is a Los Angeles based privately held full-service operator of multi-family residential communities. The company currently manages over 20,500 residential units and 90 communities in four U.S. states. Founded in 1992, IMT Residential has been recognized on the lists of Top 50 multifamily firms nationally by the National Multi-Housing Council (NMHC) and Multi-Family Executive Magazine. Additional information on IMT Residential can be obtained by going to