The landmark acquisition of Ardan takes Knightvest’s DFW portfolio to over 10,000 units
DALLAS, April 6, 2026 /PRNewswire/ — Knightvest Capital, a vertically integrated multifamily investment firm, today announced the acquisition of the Ardan community in Dallas, TX.
Built in 2018, the Class A, 389-unit high-rise community is located in the desirable West Village neighborhood of Uptown Dallas. Knightvest plans to implement a comprehensive value-add renovation program at Ardan, investing significant capital to modernize the large indoor amenity space, including a full upgrade of the clubhouse, fitness center, and pool area to better compete with newer luxury product in the submarket. A select number of units will also be renovated to a premium finish level, complemented by enhancements to common areas, landscaping, and technology offerings such as smart home features and bulk Wi-Fi. Together, these improvements are designed to elevate the resident experience and firmly position Ardan within the top tier of the Uptown Dallas market.
“At Ardan in Uptown, we are genuinely excited to continue our strategy of acquiring premier institutional-quality properties at deep discounts to replacement cost. These opportunities allow us to deliver exceptional value to our investors while positioning high-quality assets for long-term growth and outperformance in a recovering market,” said David Moore, Knightvest founder and CEO.
Situated in one of Dallas’ most affluent and walkable neighborhoods, Ardan provides residents with immediate access to Uptown, Downtown, Knox/Henderson, and the Katy Trail. The acquisition further deepens Knightvest’s footprint in Dallas’ urban core, positioning the firm to drive performance through concentrated market knowledge and a proven track record of execution.
About Knightvest Capital
Knightvest is an industry-leading multifamily investment and management firm known for creating communities of excellence and delivering dependable results that enable investors, employees, and residents to thrive. As a vertically integrated firm, Knightvest specializes in renovating and repositioning multifamily properties. Its unique approach is focused on setting a new standard in design-driven quality, executing with operational efficiency, and leading with a people-first culture. Since its founding in 2007, Knightvest has invested over $11 billion to acquire over 65,000 units across high-growth metro areas in Texas, Arizona, the Carolinas, and Florida to become one of the largest apartment owners in the United States. For more information, please visit KnightvestCapital.com and follow us on LinkedIn.
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SOURCE Knightvest Capital
