Reported Oct 20, 2026 · Source: REBusiness Online
Institutional Property Advisors arranged the sale of Ovilla at Legacy Square, a 288-unit apartment complex in Red Oak built on 18 acres in 2023. IPA represented the seller, a partnership of Thompson Realty Capital and Trez Capital, and procured the buyer, Fogelman Properties.
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Read the full report at REBusiness Online. What the article says:
RED OAK, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Ovilla at Legacy Square, a 288-unit apartment complex in Red Oak, a southern suburb of Dallas. Built on 18 acres in 2023, Ovilla at Legacy Square offers one-, two- and three-bedroom units that range in size from 600 to 1,351 square feet. Amenities include a pool, clubhouse, outdoor grilling and dining stations and a dog park. Michael Ware, Joey Tumminello, Drew Kile and Taylor Hill of IPA represented the seller, a partnership between Thompson Realty Capital and Trez Capital, in the transaction. The quartet also procured the buyer, Fogelman Properties, which plans to make capital improvements to the complex.
RED OAK, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Ovilla at Legacy Square, a 288-unit apartment complex in Red Oak, a southern suburb of Dallas.
Article date: 2026-10-20T15:28:55+00:00
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