Newmark announced the company has arranged the sale and financing of Jefferson Cove, a 283-unit Class A multifamily community located in the high-growth Grand Prairie submarket within the Dallas–Fort Worth Metroplex.
Newmark Vice Chairmen Brian Murphy and Brian O’Boyle, Jr. and Executive Managing Director Richard Furr represented seller TDI in the transaction. Executive Vice Chairman Purvesh Gosalia arranged acquisition financing on behalf of buyer Madera Residential.
“Jefferson Cove provided investors the opportunity to acquire a core Class A asset with strong demographics,” said Furr. “This luxury 283-unit property was completed in 2024 and offers a highly attractive investment opportunity with modern design and robust amenities.”…