Equity Partnership Holdings and Moses Tucker Partners Strengthen Dallas-Fort Worth Portfolio with Acquisition of Northpoint Villas for $52,500,000
The acquisition of the 276-unit Northpoint Villas is a joint venture with Equity Partnership Holdings
LITTLE ROCK, Ark., November 7, 2024 — Equity Partnership Holdings (EPH), with offices in Denver, Colorado; Charleston, South Carolina; and Newport Beach, California, and Moses Tucker Partners (MTP), a leading commercial brokerage, development, and property management firm based in Little Rock, Arkansas, with a branch office in Bentonville, Arkansas, today announced their joint acquisition of Northpoint Villas, a 276-unit property strategically located in Fort Worth, Texas, for $52,500,000.
This acquisition marks the second investment from the two firms within the highly competitive Dallas-Fort Worth (DFW) market. Further acquisitions are anticipated in 2024 and 2025, underscoring the partners’ commitment to growth and strengthening their foothold in one of the nation’s most vibrant real estate landscapes.
“Our second acquisition in the DFW market reflects Moses Tucker Partners’ dedication to building a strong, long-term presence in this high-growth region,” said Chris Moses, Principal, President & Chief Executive Officer at Moses Tucker Partners. "The DFW Metroplex provides an exceptional foundation for our firm’s strategic expansion as it continues to lead the nation in population growth and economic strength. Partnering with EPH on the acquisition of Northpoint Villas supports our vision of investing in high-quality assets within robust economic markets.”
Northpoint Villas, located in the desirable North Fort Worth submarket and within the prestigious Keller School District, is positioned for long-term success, aligning well with the firms' vision of investing in stabilized assets in strong economic regions.
“Northpoint Villas exemplifies the kind of high-quality asset we seek to invest in—one with solid fundamentals and located in a thriving community,” said Nick Forss, Principal at Equity Partnership Holdings. “Our partnership with Moses Tucker Partners allows us to leverage our shared expertise and long-term vision for growth in the DFW market. We look forward to delivering meaningful upgrades to the property to elevate the resident experience and further enhance Northpoint Villas as a premier living destination in Fort Worth.”
Significant enhancements are scheduled for the property, including fresh exterior paint, new roofing, upgraded outdoor amenities, and a major renovation of the clubhouse, which will soon feature a unique indoor-outdoor community space, alongside modernized fitness and common areas.
Valiant Residential will be retained as the property management firm for Northpoint Villas, ensuring continued service and care for the community's residents.
About Moses Tucker Partners
Headquartered in downtown Little Rock, Moses Tucker Partners is a full-service commercial brokerage, property management, and development real estate operation and one of Arkansas's largest commercial brokerage and management firms, with 11.6 million square feet of commercial space under management. The firm has approximately 125 employees across its Little Rock headquarters and branch office in Bentonville. Moses Tucker Partners offers a full spectrum of data-based real estate services for clients in Arkansas and beyond, including but not limited to tenant representation, landlord representation, real estate and economic consulting services, investment sales and capital markets, and property and facilities management. For more information, visit Mosestucker.com.
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