NorthMarq's Dallas office co-brokers acquisition financing of six property portfolio for Exponential Property Group in Dallas-Fort Worth

Quality Estates Portfolio

Debt & Equity

Multi-Tenant

DALLAS (July 9, 2018) – NorthMarq’s Dallas regional office co-brokered acquisition financing for the Quality Estates Portfolio, a portfolio of six apartment properties throughout Dallas-Fort Worth. The transaction was structured with a life company for the borrower, Exponential Property Group.

The six properties in the portfolio are Cedar Point at 2020 Cedar Point Drive in Arlington (272 units); Emerald Hills & Normandale at 8950 N. Normandale Street in Fort Worth (398 units); Marine Creek at 4500 Marine Creek Parkway in Fort Worth (248 units); The Woodlands at 7040 John T. White Road in Fort Worth (346 units); Pecan Knoll & Broadway at 1051 E. Centerville Road in Garland (492 units); and Quail Ridge at 1919 W. Tarrant Road in Grand Prairie (292 units). The assets are approximately 98 percent leased overall.

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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.