Equus Offloads 245-Unit McKinney Multifamily Community
Equus Capital Partners completed the sale of McKinney Village, a 245-unit multifamily community located in McKinney, Texas. The sale was completed on behalf of Equus Investment Partnership XI, L.P. (“Fund XI”), a discretionary equity fund managed by Equus Capital Management Partners. Weidner Apartment Homes acquired the 245-unit community.
The complex is situated within walking distance of McKinney’s expanding Medical District and Collin College’s Central Park Campus.
Completed in 2017, the property offers studio, one- and two-bedroom apartments, and two-story townhomes with attached garages. Community amenities include a pool with covered seating and grill stations, a fitness center with cardio and strength equipment, a clubhouse lounge, pet park, and community garden.
Brian O’Boyle Jr. with Newmark represented the seller in the transaction.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout