WORLDWIDE COMMERCIAL’S JERAD RECTOR AND JOHN MCGREGOR CLOSED THE SALE OF A 48-UNIT MF TRANSACTION, VERANDA COURT APARTMENTS IN FORT WORTH
FORT WORTH, Texas (October 27, 2016) – Worldwide Commercial’s Jerad Rector and John McGregor represented the seller of a 48-Unit multi-family complex in Fort Worth which closed on Friday, October 21st. Through in-depth research,Jerad and John developed an understanding of the project that showed a much higher value than the property was recently listed for with a national brokerage firm. Jerad and John undertook a very hands-on, high-touch marketing approach which included developing a strong offering memorandum with a compelling Pro-Forma model to illustrate the value add story. Worldwide Commercial generated substantial activity and within a couple of months of initiating the marketing, they qualified dozens of potential investors, scheduled double digit property tours and generated several Letters of Intent which were all well above the previous listing price. Ultimately, the property traded for full price which was several hundred thousand dollars more than previously listed.
About Worldwide Commercial
Worldwide Commercial is an exclusive commercial real estate brokerage and investments firm headquartered in one of the nation’s fastest growing communities, Frisco, TX. Worldwide Commercial specializes in investment sales, project leasing, tenant representation, and private equity investments. To learn more about Worldwide Commercial visit www.crefirm.com