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Institutional Property Advisors Sells 374-Unit Cortland Riverside Multifamily In Fort Worth

Property Image
SOLD
Taylor Hill
Michael Ware
Joey Tumminello
+ 2

Texas

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MultiFamily
Sold 03/12/2025
the dealplayerscompscontact
Property Image
SOLD

Institutional Property Advisors Sells 374-Unit Cortland Riverside Multifamily In Fort Worth

6032 Travertine Lane

See Similar Deals
MultiFamily
Sold 03/12/2025
Taylor Hill
Michael Ware
Joey Tumminello
+ 2
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The transaction involved the sale of Cortland Riverside, a multifamily property located at 6032 Travertine Lane in Fort Worth, Texas. This asset features 374 units and was built in 2020, with an average occupancy rate of 95% and views overlooking a golf course.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Units: 374
  • Address: 6032 Travertine Lane
  • Market: Fort Worth
  • Occupancy Rate: 95%

The sale was brokered by Institutional Property Advisors, a division of Marcus & Millichap. Key individuals involved in the transaction include Drew Kile, Michael Ware, Taylor Hill, Joey Tumminello, and Shelby Clark, who facilitated the arrangement of the deal.

Players

Drew Kile
Institutional Property Advisors
Drew Kile
80 deals$383.2M volume(972) 755-5276
BROKER
Michael Ware
Institutional Property Advisors
Michael Ware
62 deals$440M volume
BROKER
Taylor Hill
Institutional Property Advisors
Taylor Hill
63 deals$440M volume
BROKER
Joey Tumminello
Institutional Property Advisors
Joey Tumminello
77 deals$383.2M volume
BROKER
Shelby Clark
Institutional Property Advisors
Shelby Clark
9 deals(972) 755-5132
BROKER

Details

SOLD
IMAGE: Drew Kile, Joey Tumminello, Michael Ware, Shelby Clark & Taylor Hill DATE: 03/12/2025 ADDRESS: 6032 Travertine Lane MARKET: Fort Worth ASSET TYPE: Multifamily ~ UNITS: 374 BROKERS: Drew Kile (@DKFW13), Joey Tumminello (@JoeyTumm), Michael Ware, Shelby Clark (@Shelby.Clark) & Taylor Hill - Institutional Property Advisors - Marcus & Millichap (@MarcusMillichapInc) NOTE: Institutional Property Advisors (IPA) brokered the sale of Cortland Riverside, a 374-unit multifamily property in Fort Worth, Texas. The deal was arranged by Drew Kile, Michael Ware, Taylor Hill, Joey Tumminello, and Shelby Clark, with the 2020-built asset averaging 95% occupancy and featuring golf course views.

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