Machine Investment Group Completes Acquisition of 490-Unit 75 West Apartment Community in Park Central Submarket North Dallas

DALLAS, TX – Machine Investment Group, a real estate investment platform focused on opportunistic, distressed and special situations across the United States, announced that it has bought 75 West, a 490-unit multifamily community in the Park Central submarket of North Dallas, TX. Machine bought 75 West in a joint venture with RPM Living Investments, which will also serve as property manager.
Located at 7927 Forest Lane, 75 West comprises 490 residential units, nearly half of which are townhomes with attached garages. The property also includes approximately 10,800 square feet of fully leased ground-floor retail space. The community is near the intersection of Interstates 75 and 635, adjacent to Medical City Dallas and within reach of major employment hubs across North Dallas.
Machine sourced the acquisition through an off-market, lender-driven process. The transaction gives the firm an opportunity to buy a well-located, institutionally owned asset at a reset basis and continue an operational turnaround already underway at the property. Machine plans to reinvest in the property through a comprehensive program of deferred and preventive maintenance, targeted amenity enhancements, and operational improvements designed to stabilize the asset, enhance its long-term performance, and elevate the resident experience.
“75 West represents an exciting opportunity to buy a high-quality asset in an infill location where our firm can leverage our disciplined operating approach to unlock the property’s long-term value,” said Meredith Jonker, Vice President of Machine Investment Group. “The property’s distinctive townhome component, proximity to major North Dallas employment centers and limited nearby new supply make a strong foundation for its next chapter. As Dallas supply moderates and DFW continues to lead the country in apartment demand, 75 West represents a compelling opportunity to capture sustained, long-term growth in one of the nation’s strongest markets. We look forward to working with RPM Living to build on the progress already made at the community.”

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Thompson Thrift Expands National Footprint to 25 States with The Development of The Whitmore at Ingleside Apartments in South Carolina

CHARLESTON, SC – Thompson Thrift, a full-service nationally recognized real estate company and one of the nation s leading multifamily developers, announced that it will develop The Whitmore at Ingleside, a new 327-unit Class A multifamily community located within the Ingleside master-plotted development in North Charleston. This marks Thompson Thrift s first development in South Carolina and expands the company s national footprint to 25 states.
Expanding into South Carolina and reaching 25 states is an vital milestone for Thompson Thrift, said Josh Purvis, managing partner of Thompson Thrift Residential. We are excited to enter the Charleston market with The Whitmore at Ingleside, a thoughtfully designed community that will meet the region s growing demand for high-quality rental housing in a well-connected location.
Situated on approximately 19 acres near the recently completed Weber Boulevard interchange and Interstate 26, The Whitmore at Ingleside will offer a mix of studio, one-, two- and three-bedroom apartment homes in three- and four-tale buildings designed to meet the growing demand for high-quality rental housing in one of the Southeast’s fastest-growing markets. Construction is expected to start this month, with resident go-ins targeted for November 2027.
Apartment homes will feature elegant quartz countertops, stainless-steel appliances, hardwood-style flooring, smart-home technology, full-size washers and dryers, walk-in closets, detached garages and private patio, balcony and yard options. Community amenities will include a resort-style swimming pool, 24-hour fitness center, pickleball court, pocket park, electric firepit gathering areas, grilling stations, pet spa, two dog parks, resident social hub with billiards, coffee bar, focus suites, conference room and other spaces designed to support both work and leisure.
The Whitmore at Ingleside is positioned to benefit from the Charleston region s strong connectivity, continued employment and population growth and expanding infrastructure, said Jesse Houghtalen, senior vice president development. Residents will delight in convenient access to major employers, downtown Charleston and other key destinations, as well as the amenities and recreational opportunities plotted within the Ingleside community.
The community’s location within the 1,500-acre Ingleside master-plotted development provides residents with integrated commercial, industrial and recreational uses, along with more than 200 acres of green space. Residents will also benefit from brilliant regional connectivity and convenient access to downtown Charleston, Charleston International Airport, Palmetto Commerce Park, Joint Base Charleston, Boeing, Mercedes-Benz Vans and numerous other major employers.
Charleston’s economic momentum continues to accelerate as major employers invest billions across aerospace, healthcare, advanced manufacturing, logistics and life sciences. Recent expansions include Roper St. Francis Health’s $1.2 billion, 328-bed hospital campus in North Charleston, Boeing’s $1 billion expansion, Volvo Cars’ expansion expected to generate approximately 1,600 additional jobs, and KEEL’s $70 million defense manufacturing facility supporting U.S. Navy submarine programs. Together, these investments are reinforcing the Charleston region’s position as one of the Southeast’s premier employment hubs while driving sustained demand for high-quality housing.
The Whitmore at Ingleside name reflects the community s polished, heritage-inspired identity and soft, coastal-neutral design, which are intended to make a welcoming residential experience in the growing North Charleston corridor. The development will be capitalized with equity from the Thompson Thrift 2026 Multifamily Development, LP.
Over the past 40 years, Thompson Thrift has invested more than $7.3 billion into local communities and has become known as a trusted partner engaged in all aspects of development, construction, leasing, and management of high-quality real estate projects across the country. With the addition of South Carolina, Thompson Thrift now operates across 25 states, underscoring the company s continued growth and national reach.

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Baltisse, Peruna, and RPM Living Acquire 374-Unit The Louis Las Colinas Apartment Community in Sought-After Dallas Submarket of Irving

DALLAS, TX – Baltisse and Peruna, both Belgium-based family offices, in partnership with RPM Living, announced the acquisition of a 374-unit multifamily community in Irving, Texas. Formerly known as The Crest at Las Colinas, the property has been rebranded as The Louis Las Colinas and will undergo a comprehensive capital improvement program.
Located along Lake Carolyn in the heart of the Las Colinas Urban Center, The Louis Las Colinas is a five-tale apartment community offering studio, one- and two-bedroom residences ranging from approximately 600 to 1,500 square feet.
The Louis Las Colinas fits squarely within Baltisse U.S. Real Estate s focus on investing in high-quality, well-located infill apartment communities at significant discounts to replacement cost, said Andrew Lohrfink, President of U.S. Real Estate for Baltisse. We are particularly focused on opportunities in high-growth markets where strong underlying fundamentals, combined with strategic asset repositioning, provide opportunities to unlock additional value.
The Louis Las Colinas is located near several of the region s major employers, including Wells Fargo, McKesson, Caterpillar and Kimberly-Clark, as well as destinations including Toyota Music Factory and the Irving Convention Center. The property is also surrounded by a growing collection of restaurants and retail options within the Las Colinas Urban Center.
The property is adjacent to the Las Colinas Urban Center DART station, providing residents with direct rail access to DFW International Airport and downtown Dallas. The property s existing amenities include a resort-style pool, landscaped courtyard and Zen Garden, resident lounge, fitness center and co-working space.
As part of the partners value-add business plot, that program will include refreshed amenity spaces, exterior enhancements and upgraded apartment interiors. The improvements are intended to further differentiate The Louis Las Colinas within the Las Colinas market and enhance the resident experience.
The Louis Las Colinas represents an vital step in Peruna s continued international expansion, said Eveline Vereecke, Co-CEO of Peruna. We have strong conviction in the long-term fundamentals of the U.S. multifamily market, particularly in dynamic and growing markets such as Dallas-Fort Worth. We are pleased to invest alongside Baltisse and RPM Living, whose complementary investment and operating expertise provides a strong foundation for the long-term success of this property.
Acquiring The Louis Las Colinas reflects RPM Investments commitment to pursuing high-quality assets across Dallas-Fort Worth, said Jose Blanc, Senior Vice President of Investments for RPM Living. The property s transit-oriented location, proximity to major employers and position within the Las Colinas Urban Center make it a compelling opportunity to enhance an already well-located community.
The transaction marks Baltisse U.S. Real Estate s second U.S. multifamily investment in recent months, following the acquisition of The Carson, a 298-unit apartment community in Charlotte s vibrant South End submarket. Both investments highlight the firm s value-add strategy of acquiring high-quality, well-located infill apartment communities at compelling prices, with opportunities to make additional value through strategic repositioning.

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