NorthMarq arranges sales and financing for MacArthur Place Apartments in Irving, Texas

MacArthur Place Apts
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DALLAS, TEXAS (July 24, 2019) – NorthMarq announced the sale of MacArthur Place Apartments, a 548-unit multifamily property located at 2414 North MacArthur Boulevard in Irving, Texas. 

The NorthMarq Dallas Multifamily team of Taylor Snoddy, managing director, Philip Wiegand, senior vice president, and James Roberts, senior vice president represented both the seller and the buyer in this transaction.  

“In my career, I haven’t worked on a disposition that garnered as much attention and competitiveness as the MacArthur Place sale did. Thanks to NorthMarq’s Dallas office for an incredible execution.” 

– George Waymire, Executive Vice President, Wilkinson Corporation (Seller)

Stephen Whitehead, managing director in NorthMarq’s Dallas office, arranged acquisition financing for the property. NorthMarq arranged bridge financing for the borrower through its relationship with a correspondent life company.

About Northmarq 
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.