KeyBank Provides $34.9M in Fannie Mae Financing for Two Multifamily Assets in DFW

by Taylor Williams

ARLINGTON AND FORT WORTH, TEXAS — KeyBank Real Estate Capital has closed $34.9 million in Fannie Mae financing for the acquisition of two multifamily assets located in the Dallas-Fort Worth (DFW) area. The company originated $18.9 million for Bardin Greene Apartments, a 285-unit property in Arlington that was built in 2001; and $16 million for Lost Spurs Ranch Apartments, a 280-unit community in Fort Worth. Chris Black and Caleb Marten of KeyBank originated the loans, which feature 10-year terms, five years of interest-only payments and 30-year amortization schedules. The borrowers were not disclosed.

 

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