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600 Harrold Street

Blair Richardson Of Bow River Capital Acquires 589-Unit Madera At Leftbank Apartments In Fort Worth
SOLDMultiFamily

Blair Richardson Of Bow River Capital Acquires 589-Unit Madera At Leftbank Apartments In Fort Worth

600 Harrold Street

Building Size

Asset Type

MultiFamily

Closing

Mar 27, 2026

AI

The property asset involved in the transaction is the 589-unit Madera at Leftbank Apartments, located at 600 Harrold Street in Fort Worth. The asset type is multifamily and was built in 2018, situated within the 1.5 million square foot Leftbank mixed-use development.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Units: 589
  • Buyer: Blair Richardson - Bow River Capital
  • Broker: JLL
  • Lender: Fannie Mae

Blair Richardson represented Bow River Capital in this acquisition, which was supported by a five-year fixed-rate loan from Fannie Mae. JLL Capital Markets represented the buyer in this transaction, ensuring the completion of the deal.

Players

JLL
JLLBrokerage

Blair Richardson

Bow River Capital

Buyer

4 deals

Buyer
Fannie Mae
Fannie MaeLender

Fort Worth MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93