Weidner Apartment Homes Acquires 245-Unit McKinney Village From Equus Capital Partners

The property asset involved in the transaction is a 245-unit apartment complex located at 201 Mc Kinney Village Parkway in McKinney. The asset type is MultiFamily, and the property was built in 2017. It features a mix of studios, one- and two-bedroom units, and townhomes, accompanied by amenities such as a pool, fitness center, and pet park.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Not disclosed
• Units: 245
• Buyer: Dean Weidner - Weidner Apartment Homes
• Seller: Stephen M. Spaeder - Equus Capital Partners
• Brokers: Brian O’Boyle Jr, Brian Murphy, Richard Furr & Jack Forman - Newmark
• Lender: Fannie Mae
• Mortgage Brokers: Mitch Clarfield & Alec Newman - Newmark

Equus Capital Partners has completed the sale of McKinney Village to Weidner Apartment Homes. The transaction involved multiple brokers from Newmark, indicating a collaborative effort in facilitating the deal.