NorthMarq arranges sales and financing for MacArthur Place Apartments in Irving, Texas
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.
Meet our team
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
