DFW Multifamily

Property Name: DFW Multifamily
Location: Dallas Fort Worth, TX
Property Type: Apartment/Multi-Family
Transaction Type: Refinance
Loan Amount: $11,800,000
Details: “Our client was looking to return equity to their partners after upgrading and stabilizing the asset. We provided an interim loan with interest only and a 30-year amortization at a rate just above 3%. The non-recourse debt not only returned equity but allowed the client to free up their balance sheet while providing more cash flow to the bottom line.”
More Info: Larry Peters at 713-871-5812 or contact me