REBusinessOnline

GE REAL ESTATE PROVIDES $18.45 MILLION MF LOAN

FORT WORTH, TEXAS — GE Real Estate has provided $18.45 million for the financing of Cameron Creek Apartments, a 446-unit multifamily community located at 5209 Bryant Irvin in Fort Worth. The community contains a mix of one-, two- and three-bedroom unit averaging 859 square feet each. Community amenities include two pools, two tennis courts, a spa, a fitness center, a volleyball court and a clubhouse. The financing was negotiated by the Dallas office of Holliday Fenoglio Fowler on behalf of The Bascom Group. Terms of the loan include a 36-month term with a fixed interest rate. The borrower plans to implement a capital improvements program that will include the addition of barbecue areas, a children’s play area, a business center, and interior unit upgrades.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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