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.