Multifamily - Sale


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.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.