(MARCH 7, 2022 – DALLAS) – William Hancock and James Roberts recently left Northmarq’s Dallas office to form Brazos Residential, a real estate private equity company focused on acquiring value-add multifamily. The duo currently has over $200 million of assets across 1,800 units in process throughout DFW and North Carolina. William Hancock was previously the number 1 ranked mortgage broker within Northmarq nationally in 2021. William has personally placed $7 billion of multifamily debt/equity over the last couple years. James Roberts had been an apartment broker since 2013 and most recently was with Northmarq’s Dallas Multifamily Team. James was the 3rd ranked overall broker within Northmarq nationally while personally selling $1 billion of multifamily assets in 2021. Combined, the two industry executives have transacted/capitalized $12 billion of multifamily assets spanning 80,000 units.
“It has been exciting to see all the success our company has had in the first 45 days. We are ramping up with 3 key new hires that have significant institutional operations experience. We have big goals for the company and we have found the right people to help us get there.”, said William.
“We had both developed a passion for the principal side of the business. It started with successful personal multifamily investments, and we ultimately thought our skill sets would be valuable to both residents and partners.” “Will and I have worked together for 3 years previously and we knew the partnership would be a success.”, said James.
ABOUT BRAZOS RESIDENTIAL
Brazos Residential is a real estate private equity company that focuses exclusively on acquiring multifamily assets. The company seeks value-add and opportunistic acquisitions that produce superior risk-adjusted returns for our institutional partners and private capital investors. We target high-growth markets with strong long-term investment fundamentals throughout the Sun Belt region of the United States. Brazos aligns itself with industry-leading third-party management providers to successfully implement each asset’s unique business plan. The company employs high-caliber, best-in-class professionals that exemplify our “integrity first and always” mission.