Dallas, TX – Primrose Capital has successfully arranged construction financing for a new luxury 350 unit Luxury Apartment Community in Dallas Texas.
Primrose Capital worked on behalf of Villages at Harborside lll, LLC to secure the five-year stretch senior adjustable rate construction loan from a national debt fund. Joshua Emory, a Principal at Primrose Capital commented “We are very excited to have capitalized the development of The Villages. We were able to achieve 78% LTC on this transaction given the exceptional local and sponsor's track record".
Once complete, the new The Villages will be one of the most sought after communities in the region for families and couples looking for a fully ammenitized community.
Primrose Capital, LLC is a fully integrated real estate capital advisory firm with offices in Miami, New York and Los Angeles, specialized in the placement of debt financing and joint venture equity for leading real estate institutions, developers and property owners throughout North America. As a trusted advisor, Primrose Capital is an expert at structuring custom tailored financing solutions for some of the most complex commercial real estate transactions.
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