West Shore has acquired The Livano at Bluewood, a 272-unit multifamily community in the Dallas suburb of Celina, Texas. Multihousing News reports the seller was a joint venture between LIV Development and Mesa Real Estate Partners. In 2020, the asset became subject to a $31.1 million construction loan from Pinnacle Financial Partners, according to Yardi Matrix data.
Completed in 2022, Atlas Bluewood Apartments offers one-, two- and three-bedroom floorplans ranging from 746 to 1,388 square feet with private balconies or enclosed yards for select layouts. Community amenities include swimming pool; fitness center; yoga studio; pet park; pet spa and community market for residents’ convenience. Located 11 miles from Frisco and 24 miles from Plano it provides easy access to major employment hubs in North Dallas area as well as entertainment options nearby .
This purchase marks West Shore’s 50th acquisition in Texas bringing its portfolio of properties throughout southern markets up to nearly 14000 units across 47 different communities including almost 1900 units located within this state alone .
