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ROCKWALL, TEXAS — SWBC Real Estate LLC has sold The Royalton at Discovery, a 295-unit community in Rockwall, approximately 25 miles northeast of Dallas. Bonaventure acquired the property for an undisclosed price. Drew Kile, Joey Tumminello, Michael Ware and Taylor Hill of Institutional Property Advisors, a division of Marcus & Millichap, brokered the deal.
SWBC Real Estate delivered the community in 2023. The Royalton at Discovery offers one-, two- and three-bedroom floor plans with an average size of 1,015 square feet. The property rises three stories. Select units feature direct access or detached garages. Community amenities include a clubhouse, pool and cabana, fitness center and outdoor gaming center.