The 234 Apartment

Fort Worth, TX - March 31, 2017 - DIJ Properties is proud to announce the acquisition of Copper Creek Apartments , a 275- unit multifamily property in Fort Worth, Texas. In accordance to its previous strategic investment in the booming Fort Worth area , DIJ Properties singled out the Copper Creek Apartments for the property’s unique attributes and favorable location in east Fort Worth . Copper Creek is situated at the intersection of the heavily transited I-30 and I-820, which facilitates access to the DFW metro complex area . The beautiful, multi- family apartment community is comprised of 274 homes, on a wooded area of land which spans over 12.46 acres. Combining luxury and affordability, Copper Creek Apartments offers a wealth of amenities, which cater to the needs of families looking for a secure, welcoming and well- managed community in the Fort Worth area . DIJ’s spokesperson stated that “Our company is honored to announce that it has acquired Copper Creek Apartments . W...

A Dallas- based real estate company has bought Woodhollow Apartments , 4502 Lake Shore Drive , and plans to remodel the interiors of its 220 units. The acquisition is part of Performance Properties ’ strategy to acquire 1, 500 upscale apartment units around the state. Woodhollow, which is located near Lake Waco and McLennan Community College , is a mix of one- and two- bedroom units averaging 741 square feet in size. It sits on 11 acres in a wooded setting, is 96 percent occupied, and amenities include a sand volleyball court , hot tub, two swimming pools and a dog park. Since 2013, partners David McQuaid and Todd White have focused on acquiring older apartments in need of repair. They have completed more than $73 million in transactions, amassing more than 1,000 units in Dallas and creating $10 million in gross annual revenue , according to a company news release . The company said acquisitions so far generally have required major renovations inside and out, but...

When a reporter asked bank robber Willie Sutton why he robbed banks, the line he uttered became such a popular way of stating the obvious that it became known as Sutton’s Law: “Because that’s where the money is.” In 2015, 70-year old retired California detective Randy Adair landed in prison after robbing his fifth bank, confounding his friends and old coworkers. Why would a respected lawman with a pension and family commit crimes ? In Los Angeles Magazine , journalist Jeff Maysh asks that same question and finds out how things went wrong for Adair. His first was on the afternoon of March 24, 1969, when a silent alarm inside the United California Bank in Mid City signaled a robbery in progress. Exiting the bank with the cash and a loaded revolver when Adair and company arrived, the thief turned and ran back into the building. They found him in a second-floor restroom, where Robert Lee White surrendered . He’d eventually confess to being the Wilshire Bandit, who’d hit nine banks in...