84 Unit Multifamily Land Development

Dallas, TX


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