Mox Living Acquires 586-Unit Fossil Creek Portfolio From Exponential Property Group In Haltom City

The transaction involved the sale of a multifamily asset comprising 586 units located at 5333 & 5350 Fossil Creek Boulevard in Haltom City, TX. This portfolio is known as the Fossil Creek Portfolio and includes Hidden Lakes and The Ranch at Fossil Creek.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 586
• Buyer: Mox Living
• Seller: Exponential Property Group
• Brokers: Richard Furr, Brian O’Boyle Jr & Brian Murphy - Newmark
• Mortgage Brokers: Braden Harmon, Hank Glasgow & Jeff Fein - Newmark

Newmark facilitated the sale and arranged acquisition financing for the buyer. Richard Furr, Brian O’Boyle Jr., and Brian Murphy represented Exponential Property Group in the transaction, while Braden Harmon, Hank Glasgow, and Jeff Fein were responsible for securing financing on behalf of Mox Living.