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Bow River Inks $53.9M Acquisition Loan for Northlake Apartment Sale

Newmark arranged $53.9 million in financing for the acquisition of Dry Creek Ranch, a 456-unit multifamily community in Northlake, Texas. Bow River Capital purchased the asset from Western Securities.

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Newmark arranged $53.9 million in financing for the acquisition of Dry Creek Ranch, a 456-unit multifamily community in Northlake, Texas. Bow River Capital purchased the asset from Western Securities. Newmark’s Adam Randall, John Westby-Gibson and Drake Blodgett arranged the five-year, fixed-rate, full-term interest-only Fannie Mae loan on behalf of the Bow River. Located on approximately... The post Bow River Inks $53.9M Acquisition Loan for Northlake Apartment Sale appeared first on C

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