Bell Partners Purchases North Dallas Apartment Community

Acquires The Albee Apartments in Frisco

Nov. 12, 2025 – Bell Partners (the “Company”), one of the nation’s largest apartment investment and management companies, today announced it has purchased The Albee Apartments, a 355-unit apartment community located in Frisco, Texas. The property was acquired on behalf of the Company’s Bell Value Add Fund VIII and will be renamed Bell Southstone Yards.

“We continue to believe in the long-term growth prospects of the Dallas economy, especially in the northern submarkets like Frisco, characterized by strong demographics, good schools and commercial growth including headquarter relocations by major employers”, said Nickolay Bochilo, Chief Investment Officer at Bell Partners. “This acquisition reflects our targeted approach to submarket, micro location, and asset selection. We plan to complete lease up of this community over the next 18 months. Our residents are our North Star, and we’re excited to welcome the current and future residents to Bell.”

Completed in 2025, Bell Southstone Yards (https://www.bellsouthstoneyards.com) is a mid-rise community located within the Southstone Yards master plan, currently under development by multiple partners including Crow Holdings and Rosewood Property Company. The project will include Class A office space, a luxury hotel and ground-floor restaurants, creating an urban-inspired environment with walking paths, a central park, walkable dining and retail, and nearby employment, all within a highly desirable suburban submarket. The community is also located minutes from Stonebriar Centre, The Star and Legacy West, with nearby parks and trails for outdoor recreation. The Sam Rayburn and Dallas North Tollways provide easy access to the broader North Dallas employment market.

With this acquisition, Bell Partners now owns or manages 42 communities containing approximately 15,200 apartment homes across the Dallas-Fort Worth region