Lightbulb Capital Group Acquires 5-Property Texas Portfolio

Lightbulb Capital Group has purchased the five-property Royalton Portfolio, which totals 1,437 units across four properties in the Dallas-Fort Worth metropolitan area and with the final property situated in suburban Austin. The transaction was closed by Institutional Property Advisors (IPA), which represented seller SWBC Real Estate and also procured the buyer.

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About Institutional Property Advisors (IPA)

Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com.