Grandbridge Provides $10.8M Loan for Refinancing of Apartment Complex in Tyler, Texas

TYLER, TEXAS — Grandbridge Real Estate Capital has provided a $10.8 million Freddie Mac loan for the refinancing of Chelsea Creek, a 180-unit apartment complex in Tyler, located about 100 miles east of Dallas. Units at the property, which was built in 1978, feature walk-in closets, individual washers and dryers and patios or balconies. Amenities include a pool, fitness center, business center and a resident clubhouse. Paul Harbor of Grandbridge originated the loan, which carries a 10-year term and a 30-year amortization schedule, on behalf of the undisclosed borrower.

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

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