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Westdale Receives $14.6M in Financing for Redevelopment of Dallas Lofts

Mid Elm Lofts in Dallas totals 29 units. (Image courtesy of CBRE).

Mid Elm Lofts in Dallas totals 29 units. (Image courtesy of CBRE).

DALLAS — Westdale Real Estate Investment and Management has received $14.6 million in debt financing for the redevelopment of Mid Elm Lofts, a 29-unit boutique apartment complex located at 1512-1516 Elm St. in Dallas. Justin Laub of Metropolitan Capital Advisors Ltd. arranged the construction financing through an undisclosed, Texas-based bank.

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