Altaf Hemani Acquires Multifamily Property From Fred Matera At 5320 East Rosedale Street
5320 East Rosedale Street
Building Size
133,100 SF
Asset Type
MultiFamily
Closing
May 20, 2026
AI
The property involved in this transaction is a multifamily asset located at 5320 East Rosedale Street in the Fort Worth market. It comprises 152 units and has a total square footage of 133,100. The specifics of the transaction indicate a sale, though the transaction amount has not been disclosed.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not Disclosed
- Address: 5320 East Rosedale Street
- Market: Fort Worth
- Units: 152
- Square Footage: 133,100
- Buyer: Altaf Hemani
- Seller: Fred Matera
- Brokers: Mark Allen, Buck Poderski & Todd Franks - Colliers
In this transaction, the buyer is Altaf Hemani, while the seller is Fred Matera. The brokers managing the deal are Mark Allen, Buck Poderski, and Todd Franks from Colliers, representing the respective parties involved in the transaction.
Players
Fort Worth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93