Goldrich Kest Completes Purchase Of 20-Story Novel Turtle Creek

Jan 9, 2024

A major Southern California privately owned real estate investment company has purchased one of Dallas, Texas’s most prestigious luxury apartment buildings — the 20-story Novel Turtle Creek.

A major Southern California privately owned real estate investment company has purchased one of Dallas, Texas’s most prestigious luxury apartment buildings — the 20-story Novel Turtle Creek. Family-run Goldrich Kest recently acquired the 206-unit, class A high-rise that features apartments ranging in size from 1 bedroom/1 bath to 3 bedrooms/3 baths.

Among the common area amenities available to all residents are valet parking, concierge service, a fully equipped fitness center, infinity edge swimming pool, spa, fifth-floor hospitality bar, private meeting rooms, glamorous outdoor lounge and kitchen, dog park/dog spa for pet lovers and even its own barista.

The residences each include exceptional finish details in addition to hardwood flooring, gas stainless steel appliances, and keyless entry systems. Penthouse residences feature additional luxury finishes such as full dining rooms, wet bars and expansive balconies. All penthouse units are located on the top two levels of the project.

Novel Turtle Creek is conveniently located within walking distance of Turtle Creek Village and very close to The Shops at Highland Park. Within minutes, residents can be in Uptown, Highland Park or enjoying recreation at Turtle Creek Park or Katy Trail.

“The purchase of Novel Turtle Creek is a tremendous addition to the Goldrich Kest multi-family portfolio and expands our presence in Texas. We believe in the future of the Dallas market and are thrilled to be a part of its growth,” says Goldrich Kest Vice President Asset Management Christopher Greenspan. “We are very excited to serve the current and future residents of Novel Turtle Creek.”

Novel Turtle Creek is located at 4251 Irvine Avenue, Dallas, TX 75219. Those interested in touring available units may call (214) 206-4500 to schedule an appointment or visit https://novelturtlecreek.com for more information.

About Goldrich Kest

Goldrich Kest is a privately owned business that can trace its origins back more than 65 years to two entrepreneurs, Jona Goldrich and Sol Kest, holocaust survivors who parlayed their meager savings into a significant portfolio. Today, the second generation of the Goldrich and Kest families continue to build upon its ever-expanding portfolio of residential, commercial, industrial, and retail projects. Among them are 114 apartment buildings, five marinas, 22 senior living facilities, and, scattered throughout the US, more than 7 million square feet of commercial, industrial, and retail space. Over half of its apartment buildings accommodate low-income families. For more information about the company, visit goldrichkest.com.

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