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

Property Image
SOLD
Kevin Leamy
Taylor Snoddy
WH

Texas

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MultiFamily
Sold 06/19/2023
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Property Image
SOLD

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

13606 Esperanza Rd Dallas, TX 75240, USA

See Similar Deals
MultiFamily
Sold 06/19/2023
Kevin Leamy
Taylor Snoddy
WH
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

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.

Players

Taylor Snoddy
NorthMarq
Taylor Snoddy
28 deals
BROKER
Kevin Leamy
NorthMarq
Kevin Leamy
4 deals$28M volume
BROKER
BL
Brazos Residential, LLC
BUYER
WH
William Hancock
2 deals$41M volume
BUYER

Details

SOLD
IMAGE: Taylor Snoddy, James Roberts & William Hancock DATE: 06/19/2023 ADDRESS: 13606 Esperanza Road MARKET: Dallas ASSET TYPE: Multifamily ~ UNITS: 606 BUYER: Brazos Residential, LLC (@Brazos_Residential) - James Roberts & William Hancock BROKER: Taylor Snoddy (@TaylorSno) - Northmarq (@Northmarq) MORTGAGE BROKER: Kevin Leamy - Northmarq NOTE: Dallas-based Brazos Residential has acquired The Thread Apartments, a 606-unit community 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.

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