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Stryker, Griffon Capital Land $57M Construction Loan for Frisco Apartments

BridgeInvest closed on a $57 million construction loan for the Frisco Fremont, a to-be-built 313-unit multifamily property in Frisco. The sponsor, a partnership between Stryker Properties and Griffon

Summary

BridgeInvest closed on a $57 million construction loan for the Frisco Fremont, a to-be-built 313-unit multifamily property in Frisco.

The sponsor, a partnership between Stryker Properties and Griffon Capital Management, will build the property over the 2-3 years before implementing their lease-up program.

25 Capital Partners is also a preferred equity investor in Frisco Freemont.... The post Stryker, Griffon Capital Land $57M Construction Loan for Frisco Apartments appeared first on Conn

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