84 Unit Multifamily Land Development
Dallas, TX
SNAPSHOT
LOAN AMOUNT: $47,000,000
LOAN TYPE: Construction Loan
LTC: 72%
ASSET: Multifamily
- Highly experienced developers completing development projects for over 20 years
- Easy access to Dallas/Fort Worth International Airport
- Projected high occupancy and strong tenancy
- Robust submarket with steadily climbing rental rates
- The area continues to see an influx of investment and redevelopment with a number of newly constructed apartment buildings