New York City-based investment group snaps up a Craig Ranch community

An affiliate of New York City-based GFI Capital Resources Group Inc. has acquired a recently-built apartment community at Craig Ranch, a 2,200-acre, master-planned community in McKinney.

Terms of the deal were undisclosed. The 277-unit community, Venue Craig Ranch, at 4651 S. Custer Road in McKinney sits within State Highway 121 near Legacy Business Park. At the time, the community was 87-percent occupied.

Click to read more at Dallas Business Journal.