N DakotaMultifamily Dakota REIT acquires five-property apartment portfolio in North Dakota October 30, 2019 Share on Facebook Share on Twitter Share on LinkedIn Share via email Dakota REIT has acquired Bismarck 5, a five-property, 414-unit multifamily portfolio in Bismarck, North Dakota, for $24 million. The properties are located in well-established residential areas with access to several amenities. The properties are near the state capital and interstate.