Northmarq arranged the transaction.
Kushner Cos. has acquired Eastline Residences, a 330-unit luxury community in Dallas. Convexity Properties sold the asset with the assistance of Northmarq, which also arranged the acquisition financing.
Convexity completed the 28-story tower back in 2021 using funds from a $72.3 million construction loan from May 2019, Yardi Matrix data shows. Fifth Third Bank originated the note.
Rising on almost 2 acres at 6050 N. Central Expressway, Eastline Residences is close to a host of dining and retail options, including the Mockingbird Station shopping center. Downtown Dallas is about 6 miles away, while DFW International Airport is within 22 miles northeast…