Joint Venture Between Monument Square Investment Group and 7Acre Investments Acquires McKinney Square, a 595-Unit Multifamily Community in McKinney, TX

A partnership between affiliates of Monument Square Investment Group and 7Acre Investments has acquired McKinney Square in McKinney, TX (the “Property”). The Property is a 2016-2017-vintage multifamily community comprised of 595 units across a mix of one- and two-bed layouts. The Property features luxury interior finishes and one of the most expansive amenity sets in the submarket that includes a spacious clubhouse with a modern fitness center and co-working space, two resort-style pools with spas, an outdoor gathering area with fire pits and a movie theatre, garage parking, and a gated pet park. The Property is strategically located in McKinney proximate to SRT/SH 121, the primary east-west thoroughfare that serves Collin County and provides access to I-75 and the Dallas North Tollway. Additionally, the Property sits within the Frisco ISD boundary, the 8th best school district in the Dallas–Fort Worth Metroplex (“DFW”) with an overall A+ ranking from Niche.