Brazos Residential Expands Portfolio With Acquisition Of 606-Unit Multifamily Property In Dallas

The Thread Apartments, a 606-unit multifamily community, located at 13606 Esperanza Road, has been acquired by Brazos Residential, LLC, based in Dallas, Texas. The acquisition expands Brazos Residential's portfolio and takes advantage of the property's prime location near the Telecom Corridor and Texas Instruments headquarters.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 606
• Address: 13606 Esperanza Road
• Market: Dallas

The deal was facilitated by Taylor Snoddy of Northmarq, who represented the buyer, Brazos Residential, LLC. Kevin Leamy, also from Northmarq, served as the mortgage broker in the transaction.