West Shore Acquires Asset in Fort Worth, Texas
Luxury apartment complex brings company’s total units to over 11,000
October 6, 2021 — West Shore, a multifamily real estate investment firm, continues to expand with the acquisition of The Sovereign, a luxury apartment community in Fort Worth, Texas. This is West Shore’s fifth acquisition in Texas, having previously acquired properties in College Station. West Shore now owns and operates over 11,000 units in seven states.
“We intend to continue to grow our footprint in Texas,” said Steven P. Rosenthal, Chairman of West Shore. “The Sovereign is a unique property in the fast-growing Dallas-Fort Worth region, an exciting and important market that we are proud to enter.”
The 322-unit property in North Fort Worth features one-, two-, and three-bedroom apartments with upscale amenities and high-end features. The pet-friendly community offers an on-site dog park, auto detailing center, and luxury clubhouse. Residents enjoy the resort-style pool, outdoor kitchen, cabana lounge, premier fitness center, and many other amenities. The property, conveniently located near Keller with easy access to downtown Fort Worth and Highway 377, is ideally situated near world-class employers.
“This significant acquisition aligns well with West Shore’s expanding portfolio,” said West Shore President, Lee Rosenthal. “Our disciplined investment model has enabled us to grow our Texas portfolio to over 1,600 units with the purchase of The Sovereign.”
The Sovereign is located at 5301 North Tarrant Parkway, Fort Worth, Texas, and is now leasing.