Broadshore Capital Provides $31.2M Construction Loan for Multifamily Project Near Fort Worth

by Taylor Williams

BURLESON, TEXAS — Los Angeles-based Broadshore Capital Partners has provided a $31.2 million construction loan for Sovereign at Burleson, a 217-unit multifamily project that will be located on the southern outskirts of Fort Worth. Units will come in one-, two- and three-bedroom floor plans, and amenities will include a pool with an aqua lounge, a gaming lawn, resident clubhouse and a bike shop. Chris Miller of Broadshore originated the debt, with JLL’s Greg Nalbandian acting as loan arranger. The borrower was New York City-based Sovereign Properties.

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