Dakota REIT Announces Acquisition in Fargo, ND


Dakota REIT has acquired Hidden Pointe 5 & 6, a 2 building, 72 unit collection in Fargo, ND increasing its allocation to multi-family assets.  Hidden Pointe 1-4 are already part of the Dakota REIT multi-family portfolio.  The multi-family occupancy stabilized in the Fargo market in 2020.  Dakota REIT is targeting growth in multi-family, industrial and grocery anchored retail assets.