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FORT WORTH — Cypress Equities has arranged a $14.5 million construction loan for Phase III of West 7th, a mixed-use property located on the southeast corner of West 7th Street and University Drive North in Fort Worth. The property features 441 residential multifamily units, 254,107 square feet of retail space and a 103,220-square-foot office building. Phase III will add 32,000 square feet of retail space and 96 multifamily units to the property, which is currently leased to tenants such as Bar Louie, Sweet Tomatoes, The Boardroom Salon for Men, Keena's of Fort Worth, Peruvian Atelier and Wink. Cypress arranged the loan through OmniAmerican Bank and Southwest Bank on behalf of the owner, CRP Cypress West 7th LLC.