Ingleside, Texas-NorthMarq Capital’s New york metro regional office has closed a small market construction loan worth $10.5 million for Seaside Landing Apartments, a 120-unit multifamily property.
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Menin Development, a South Florida developer, has reeled in a $72 million construction loan to build a new boutique hotel in. who also oversees eateries in Las Vegas, Texas and California. Menin’s.
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Texas Capital Bank provided the developers with construction. The developer secured financing with two construction loans totaling $35.3 million from Frost Bank and Broadway National Bank. The.
In Texas, strong job growth – the federal reserve ranked. value-add assets, it can also provide construction loans for new development. “As cap rates continue to compress, and despite rising.
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