Equus Announces the Sale of McKinney Village in McKinney, Texas

Equus Capital Partners, Ltd. (“Equus”), a national real estate investment manager, announced today that an affiliate completed the sale of McKinney Village, a 245-unit multifamily community located in McKinney, Texas. The sale was completed on behalf of Equus Investment Partnership XI, L.P. (“Fund XI”), a discretionary equity fund managed by Equus.

Situated within walking distance of McKinney’s expanding Medical District and Collin College’s Central Park Campus, McKinney Village offers a premier location with direct connectivity to the region’s major employment corridors via US-75 and Highway 121. Residents are also minutes from historic downtown McKinney and top retail destinations including McKinney Towne Crossing, Legacy West, and The Shops at Legacy.

Completed in 2017, the property offers studio, one- and two-bedroom apartments, and two-story townhomes with attached garages. Each residence features open layouts, nine-foot ceilings, and high-end finishes, while select units include wrap-around balconies and direct-access entries. Community amenities include a resort-style pool with covered seating and grill stations, a fitness center with cardio and strength equipment, a clubhouse lounge, pet park, and community garden. These features and amenities, combined with professional on-site management, have contributed to the property’s historically high occupancy and strong resident retention.

“McKinney Village has a timeless design with state-of-the-art amenities and modern finishes, which align with the preferences of today’s residents,” noted Andrew Holloway, Senior Vice President of Equus who, along with Mike Brower, Senior Vice President, Scott Miller, Vice President, and Anthony Gugluizza, Associate, oversaw the transaction for the firm. “At acquisition in 2020, the investment thesis centered on the property’s location within a vibrant and growing community. While much of this original growth thesis has materialized, the area continues to be an attractive location for both job creation and population growth.”

Positioned within one of North Texas’ fastest-growing suburban markets, McKinney Village benefits from the region’s strong demographic and employment trends. Since 2020, McKinney’s population has increased by more than 13 percent, driven by corporate expansion, ongoing infrastructure investment, and the city’s continued emergence as a premier live-work hub within the Dallas-Fort Worth area. This growth reinforces the community’s long-term appeal within one of Texas’ most active multifamily markets.

Brian O’Boyle Jr. with Newmark represented the seller in the transaction.