Waterford Property Company, The Vistria Group, Northern Liberties & Dallas Housing Finance Corporation Acquire 395-Unit Multifamily Complex In Dallas

The 395-unit multifamily property located at 8169 Midtown Boulevard in Dallas was acquired by a joint venture consisting of Waterford Property Company, The Vistria Group, Northern Liberties, and the Dallas Housing Finance Corporation. The acquisition aims to provide affordable housing solutions by offering reduced rents for eligible residents, addressing the workforce housing demands in Dallas.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Buyer: Sean Rawson & John Drachman - Waterford Property Company; Kip Kirkpatrick & Margaret Anadu - The Vistria Group; Sharif Mitchell - Northern Liberties; Dallas Housing Finance Corporation
• Lender: Freddie Mac
• Mortgage Broker: Walker & Dunlop

The acquisition of the Domain at Midtown Park involved a collaborative effort from prominent industry figures. Sean Rawson and John Drachman represented Waterford Property Company in the purchase, while Kip Kirkpatrick and Margaret Anadu were from The Vistria Group. Sharif Mitchell participated on behalf of Northern Liberties, and the Dallas Housing Finance Corporation also played a key role in the deal.