Broe Real Estate Group Acquires Luxury Maple Terrace Residences in Dallas
Broe Real Estate Group (BREG), the real estate affiliate of The Broe Group, has completed an all-cash acquisition of Maple Terrace Residences in Uptown Dallas. The 22-story, 345-unit Class AA luxury apartment building opened in August 2024 and was previously recognized as CoStar's multifamily project of the year. This transaction marks BREG's strategic entry into the Dallas multifamily market, following a recent $148 million acquisition in San Diego. The move capitalizes on the economic strength of the Uptown Dallas submarket, which features high employment rates and a rapidly growing financial sector. The Broe Group continues to expand its multi-billion-dollar diversified portfolio through value-add real estate investments. This latest acquisition reinforces their focus on high-quality, luxury assets in premier urban locations.
Topics: acquisition commercial real estate Dallas market multifamily real estate