RockFarmer Properties Acquires 440-Unit Multifamily Property In Dallas, Texas

The Dallas-Fort Worth multifamily market witnessed its first off-market transactions by RockFarmer Properties with the purchase of 9850 & 9911 Whitehurst Drive. The property, consisting of 440 units, is located in Dallas. The deal was successfully facilitated by NorthMarq, who acted as the broker.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: Not specified
• Address: 9850 & 9911 Whitehurst Drive
• Market: Dallas
• Units: 440

This acquisition marks RockFarmer Properties' entry into the Dallas-Fort Worth multifamily market. RockFarmer's recently launched "Opportunity Fund V" was utilized for this transaction. It is important to note that RockFarmer Properties intends to expand its portfolio in the Dallas-Fort Worth, Austin, and San Antonio markets by acquiring additional value-add commercial and multifamily assets. Further announcements regarding future acquisitions in Texas are expected shortly.