Brief
Concord Arranges $50M Construction Loan for FW Apartments
Summa Terra Ventures and M13 Construction obtained a $50 million construction loan for Vic Centre Apartments, a 268-unit Class A multifamily community in Fort Worth. Concord Summit Managing Director D
Summary
Summa Terra Ventures and M13 Construction obtained a $50 million construction loan for Vic Centre Apartments, a 268-unit Class A multifamily community in Fort Worth.
Concord Summit Managing Director David Larson and Director Keegan Burger arranged the financing on behalf of the project sponsor.
The financing was structured as an 80% loan-to-cost capital stack, combining...
Source
- Connect CREconnectcre.com
