Los Angeles-based Post Investment Group LLC said Wednesday that it has purchased 952 Dallas-area apartments in two locations.

The company bought the apartments on behalf of one of its investors, Lagovent Real Estate Group LLC.

The properties are the 440-unit Wimberley Park apartments at 800 Link Drive in Duncanville apartments and the 513-unit Camelot Village apartments at 4200 E U.S. Highway 80 in Mesquite.

Terms of the purchase were not disclosed.

Post Investment Group has been selling off assets in Southern California and buying properties in Texas and other Sun Belt states.

“Numerous markets throughout Texas, including the Metro D-FW area, have proven to be recession-resilient as they continue to remain healthy and viable investment regions,” Jack Ehrman, Post’s director of acquisitions said in a statement.

“This latest acquisition exemplifies the investment profile Post plans to pursue for itself and its clients over the course of 2008, both state and nationwide”.