300-Unit Dallas Community Changes Hands
The property came online last year.
Cameron Brothers Construction Co. has purchased Aura Avant, a recently completed 300-unit multifamily property in Lewisville, Texas, according to Yardi Matrix information. Trinsic Residential Group sold the asset.
The buyer secured a $44 million acquisition loan originated from City National Bank, the same data provider shows.
Aura Avant is within the Crown Centre, a 140-acre master-planned mixed-use district that integrates office, dining and shopping, developed by Bright Realty.
The property came online last year at 2200 E. State Highway 121. Occupying a 5-acre lot, Aura Avant is close to Interstate 35 E. Dallas Fort Worth International Airport is 13 miles away, while downtown Dallas is 24 miles from the community.
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Units at Aura Avant have one- and two-bedroom floorplans, ranging from 660 to 1,264 square feet. Apartments include in-unit washers and dryers, walk-in closets, kitchens with pantries and private balconies in select units.
Aura Avant is a pet-friendly community and includes EV charging stations and 450 parking spots. Amenities at the five-story building include two swimming pools, a sky lounge with a rooftop terrace, a clubhouse, a business lounge and a fitness center, among others. The community also has a bocce ball court, a courtyard with outdoor kitchens and a lounge area with fireplaces, as well as grill stations.
DFW among top U.S. markets for multifamily deals
The Dallas-Fort Worth metro’s total investment reached almost $4.4 billion in 2025, according to Yardi Matrix. The multifamily transaction volume included 56,637 units sold, representing the largest unit count across the top 10 markets for multifamily sales. The metro’s investor sentiment improved slightly since 2024, when 49,447 units sold for $4.2 billion.
The sales momentum in the metro carried forward so far in 2026, with some notable deals closing recently. One of them is Clover Capital Partners’ acquisition of a two-community portfolio in the eastern part of Dallas. The two properties total 374 units and changed ownership from the local Pardue family,
Another recent transaction is Bascom Group’s sale of Capitol at Stonebriar, a 424-unit property in Frisco, Texas. Tanglewood Property Group bought the asset and landed a $61 million acquisition loan.
