The sale of Verge Apartments, a 217-unit multifamily property located at 5454 Peterson Ln, Dallas, TX 75240, has been completed. The property, built in 1980, consists of studio, one- and two-bedroom units, averaging 700 square feet in size. It features amenities such as two pools, outdoor grilling and dining areas, a fitness center, a business center, and onsite laundry facilities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Undisclosed
• Address: 5454 Peterson Ln, Dallas, TX, 75240
• Market: Dallas
• Seller's Representative: Taylor Snoddy, Charles Hubbard, Eric Stockley & Philip Wiegand - NorthMarq
• Buyer: Undisclosed
• Square Footage: 0

NorthMarq orchestrated the transaction, with Taylor Snoddy, Charles Hubbard, Eric Stockley, and Philip Wiegand representing the seller. Additionally, Patrick Elliott and Lauren Bresky, also from NorthMarq, arranged Freddie Mac acquisition financing on behalf of the buyer. Both parties involved in the deal have opted for anonymity.