Bow River Acquires LeftBank Apartments in Fort Worth

Bow River Capital acquired the LeftBank apartments at 600 Harrold Street in Fort Worth, a 589-unit multifamily complex in the West Seventh corridor. The purchase price was not disclosed.

JLL Capital Markets arranged acquisition financing: a five-year, fixed-rate loan backed by Fannie Mae and serviced by JLL Real Estate Capital. The deal closed this month, though Tarrant County property records had not yet updated. The property was completed in 2018 and offers studio through four-bedroom units with amenities including a fitness center, pool, bowling lounge, co-working space, dog park, guest suites, and garage parking.

The seller, 600 Harrold FW, is tied to Madera Residential, a Texas-based operator active across the Sun Belt.