Jefferson-Cove-Grand-Prairie

Newmark Brokers Sale of 283-Unit Apartment Complex in Grand Prairie, Texas

by Taylor Williams

GRAND PRAIRIE, TEXAS — Newmark has brokered the sale of Jefferson Cove, a 283-unit apartment complex located midway between Dallas and Fort Worth in Grand Prairie. Completed in 2024, Jefferson Cove offers one-, two- and three-bedroom units. Amenities include a pool, fitness center with a yoga studio, clubhouse and resident lounge, outdoor grilling and dining stations, conference room and a dog park. Brian Murphy, Brian O’Boyle Jr. and Richard Furr of Newmark represented the seller, TDI, a multifamily investment company owned by former executives of JPI, in the transaction. Purvesh Gosalia, also with Newmark, arranged acquisition financing on behalf of the buyer, Madera Residential.

You may also like