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5/15/26
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Mox Living has acquired Fossil Creek Portfolio, a two-property, 586-unit value-add multifamily portfolio in Haltom City, TX, a northeast suburb of Fort Worth. The portfolio comprises Hidden Lakes and The Ranch at Fossil Creek.
5350 Fossil Creek Blvd, Haltom City, TX |
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Located at 5333 and 5350 Fossil Creek Blvd, the 312-unit Hidden Lakes and 274-unit The Ranch at Fossil Creek offer a mix of one-, two- and three-bedroom floorplans. Residents enjoy a comprehensive amenity offering across the portfolio, including resort-style swimming pools, fitness centers, clubhouses, business and co-working spaces, sports courts and outdoor recreation areas.
The portfolio offers immediate access to I-820, I-35W and SH-183, providing connectivity throughout the broader metroplex. The properties are within a 15-minute drive of Downtown Fort Worth, Alliance Airport and Dallas/Fort Worth International Airport, and are located near major employment hubs. Additionally, the communities are adjacent to the planned 50-acre H Mart–anchored mixed-use development, which is expected to bring new retail, dining and logistics space to the area.
Newmark Multifamily Capital Markets Executive Managing Director Richard Furr and Vice Chairmen Brian O’Boyle, Jr. and Brian Murphy represented the seller, Exponential Property Group, in the deal. Vice Chairman Braden Harmon, Managing Director Hank Glasgow and Vice President Jeff Fein of Newmark’s Debt & Structured Finance group secured acquisition financing on behalf of the buyer.
"The sale of Hidden Lakes and The Ranch at Fossil Creek provides the new owner and operator with an outstanding opportunity for value enhancement," said Furr. "The portfolio stands to benefit from excellent surrounding infrastructure and North Fort Worth’s continued employment expansion.”
According to Newmark Research, the U.S. multifamily sector continues to benefit from renting remaining more cost-effective than homeownership, supporting renter demand even as leasing activity normalizes. Fundamentals remain strongest across high-growth Sunbelt markets such as Dallas-Fort Worth, where sustained population and employment gains continue to drive demand relative to existing inventory.
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