Casa-Del-Mar-garland-texas

Greysteel Arranges Sale, Acquisition Financing for Multifamily Property in Metro Dallas

by Haisten Willis

GARLAND, TEXAS — Greysteel has arranged the sale of Casa Del Mar, a 59-unit multifamily property in Garland, to Casa Del Mar I LLC on behalf of a private local investor. Greysteel’s Boyan Radic and Doug Banerjee negotiated the transaction. Greysteel also arranged acquisition financing for the buyer. The seven-year, non-recourse loan was provided by an agency lender under the Freddie Mac small balance loan program. It features a fixed interest rate and one year of interest-only payments followed by a 30-year amortization schedule. Greysteel’s Anton Mattli and John Marshall Doss negotiated the terms of the financing. Casa Del Mar is located at 3810 W. Walnut St.

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