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NorthMarq brokers sale of large multifamily portfolio in Dallas-Fort Worth area


NorthMarq brokers sale of large multifamily portfolio in Dallas-Fort Worth area
April 30, 2021
NorthMarq’s Dallas investment sales team of Taylor Snoddy, managing director, James Roberts, senior vice president and Phillip Wiegand, senior vice president closed on seven multifamily properties totaling a combined 2,167 units. The properties are located throughout the Dallas-Fort Worth MSA. NorthMarq represented the seller, S2 Capital Partners, a large Dallas-based investor with a decade-long portfolio of holdings. The buyer is Manhattan Five Partners, LLC., a New York based investment company. This acquisition is their first in the Texas market.
The portfolio is comprised of:
The Hangar: 201 S Clark Road; Cedar Hill, TX; 268 Units; Completed in 1980 ....

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