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RED OAK, TEXAS — CESM Real Estate has sold Emerson at Red Oak, a 306-unit community in Red Oak, approximately 20 miles south of Dallas. The buyer was Phoenix-based Professional Equity Management, while IPA arranged the transaction on behalf of the locally based seller. Completed in 2023, Emerson at Red Oak is a two-story, townhome-style property with a resort-style pool, fitness center, picnic and grilling areas, dog park, game room and business center. Apartments have full-size washers and dryers, stainless-steel appliances, built-in mudrooms and large closets. The average unit size is 904 square feet.