180 Multifamily Properties sold The Watson, a 248-unit apartment community in Grand Prairie, located roughly midway between Dallas and Fort Worth.
Wes Racht, Nick Fluellen, and Bard Hoover of Marcus & Millichap represented 180 Multifamily and procured the buyer, Brazos Residential.
Brazos’s Wyatt Simmons added this, “The Watson was a particularly complex transaction as it required a highly structured partnership and waterfall, rescue capital, and navigating a distressed seller and property, but that complexity is exactly where we continue to find opportunity. “…