REBusinessOnline

JOHNSON CAPITAL ARRANGES $41 MILLION FOR 600-UNIT APARTMENT COMPLEX

COPPELL, TEXAS — Martin Fayer of Johnson Capital’s Washington, D.C., office has arranged approximately $40.98 million in financing for the St. Marin/Karrington Apartments in Coppell. Fayer arranged two separate loans for the apartment owner, Williams Multifamily Realty Advisors. Freddie Mac assumed an existing approximately $31.38 million fixed-rate loan and provided a supplemental fixed-rate loan of $9.6 million. The St. Marin/Kensington Apartments, which is located adjacent to the Riverchase Golf Club and the R.J. Mcinnish Park, consists of 600 units in two buildings. Community amenities include a swimming pool, a fitness center, a putting green and a basketball court.

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

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