JLL Capital Markets has arranged a five-year loan for Denver-based Bow River Capital. The loan has helped the company acquire a 589-unit apartment community. The acquisition reflects confidence in the region’s growing housing market.
Bow River Capital Acquired LeftBank Apartment Community
According to an announcement earlier this week, JLL Capital Markets has arranged a loan for Bow River Capital. It is a five-year, fixed-rate loan that helped the latter acquire a 589-unit apartment community. The loan was taken from Fannie Mae, which is known for providing stability to the housing market by purchasing, guaranteeing, and securitizing mortgages from lenders.
The property acquired is Madera at LeftBank, which is a multifamily housing community. The acquisition highlights a strong confidence in Fort Worth’s housing market. It also aligns with the broader trends of out-of-state investment in North Texas multifamily real estate.
Features of the Property
Madera at LeftBank is the property acquired by Bow River Capital. Built in 2018, the property features studios, one-, two-, three-, and four-bedroom apartments. These come with stainless steel appliances, granite and quartz countertops, kitchen islands, in-unit washers and dryers, and patios or balconies.
Residents can enjoy a fitness center, a pool, a bowling lounge, a dog park, a shared workspace, and a sundeck. The four-story community also offers garage parking, climate-controlled storage rooms, and rentable guest suites. It is located at 600 Harrold St. and is positioned in the heart of LeftBank’s mixed-use development in Fort Worth.
About Bow River Capital
Denver-based Bow River Capital is a private alternative asset management company. It has $3 billion in assets under management since its founding in 2003. Its real estate division has transacted more than $7 billion of industrial, residential, office, retail, senior housing, and mixed-use assets.
The acquisition highlights the continued investor demand for multifamily properties in North Texas. Its strong market fundamentals and ongoing population growth make Fort Worth an attractive destination for real estate investment.
