Magma Equities ("Magma"), in a joint venture with funds managed by Franklin Templeton ("Franklin Templeton"), has acquired Palencia Apartment Homes, a 281-unit apartment community in north Dallas, its fourth multifamily investment in the Dallas/Ft.
Multifamily investment firm Magma Equities has acquired Charleston Hall Apartments, a 194-unit garden-style community in Smyrna, TN (Nashville MSA) in an off-market transaction valued at $27 million.
