Refinancing secured for historic mixed-use portfolio in Fort Worth’s Near Southside
Authors
Kristen Murphy
Key Takeaways
- JLL Capital Markets arranged refinancing for Supreme Golf Building and Sawyer Grocery, a two-property mixed-use portfolio totaling 37 residential units and approximately 36,141 square feet of retail space in Fort Worth, Texas
- A life insurance company provided the five-year, fixed-rate, non-recourse financing to Magnolia Equity Partners
- The cross-collateralized portfolio features historic buildings renovated in 2018, offering independent residential units and ground-floor retail in Fort Worth's thriving Near Southside neighborhood
DENVER, Sept. 14, 2026 – JLL Capital Markets announced today that it has arranged refinancing for Supreme Golf Building and Sawyer Grocery, a two-building mixed-use portfolio collectively offering 37 residential units and 36,141 square feet of first-floor retail in Fort Worth, Texas.
JLL worked on behalf of the borrower, Magnolia Equity Partners, to secure the five-year, fixed-rate, non-recourse loan with full-term interest-only payments through a life insurance company.
Supreme Golf Building, built in 1913 and renovated in 2018, offers 23 residential units and 25,124 square feet of retail space across multiple ground-floor tenants. The property is 100% occupied with an average unit size of 988 square feet. Located at 201 South Calhoun Street, Supreme Golf Building houses 16 retail tenants, including The Social Space, a 12,811-square-foot event venue.
Sawyer Grocery, built in 1918 and renovated in 2018, comprises 14 residential units and 11,017 square feet of retail space. The property maintains 97% occupancy with an average unit size of 624 square feet. Sawyer Grocery is located at 201 South Main Street and features five ground-floor retail tenants.
Both properties are ideally positioned in Fort Worth's Near Southside neighborhood, which has transformed over the past decade into a bustling cultural hub. The assets are walkable to Sundance Square in downtown Fort Worth and benefit from proximity to major employers including three major hospitals, Lockheed Martin, American Airlines and Texas Christian University. Between 2015 and 2025, the population in the Near Southside census tracts grew 34%, surpassing 12,000 residents, driven by high-density residential development and an influx of boutique retail and dining establishments.
The JLL Capital Markets team representing the borrower included Senior Directors Kevin Barron and Will Mogk.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Magnolia Equity Partners
Magnolia Equity Partners is a multifamily investor-operator based in Fort Worth, Texas, specializing in value-add real estate investing and partnerships.