Newmark arranges sale, financing of 452-unit Centreport Lake multifamily community near DFW airport

Newmark Group, Inc. Class A

Newmark Group, Inc. Class A

NMRK

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  • Newmark arranged the sale, acquisition financing, and equity capitalization of Centreport Lake, a 452-unit value-add multifamily community in Fort Worth, Texas.
  • The property near Dallas/Fort Worth International Airport was built in 2008 on 24 acres, with 946 square feet average unit size.
  • Centreport Lake was 91% occupied at the time of sale, with a planned interior renovation and densification program.


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