Barings Provides Loan for Refinancing of 451-Unit Terra Lago Apartments in Metro Dallas

by Taylor Williams

ROWLETT, TEXAS — Barings Real Estate Capital has provided a loan of an undisclosed amount for the refinancing of Terra Lago, a 451-unit apartment community located in the northeastern Dallas suburb of Rowlett. The property features one-, two- and three-bedroom units and amenities such as a pool, fitness center, outdoor grilling areas, a business center and a bocce court. The borrower was a partnership between Transcontinental Realty Investors Inc. and Abode Properties.

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