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Dallas investment fund buys Greensboro apartment complex

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A Dallas real-estate investment fund has paid $36 million to purchase the Wendover at River Oaks apartment complex in Greensboro, according to a Guilford County Register of Deeds filing Wednesday.

The 16.62-acre tract at 1 River Oaks Drive contains 216 units.

The buyer is ECP III Wendover Owner LLC, an affiliate of ExCap.

The sellers are Wendover at River Oaks LLC, WRO Property LLC and C2 Legacy LLC.

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@rcraverWSJ

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