Commercial Loan to Buy Apartment Building, $13.6 M

Fort Worth, Texas – Commercial Loans information comes from the great state of Texas today. Commercial Mortgage Lenders have arranged funding on behalf of Fannie Mae’s Delegated Underwriting and Servicing DUSTM Program. This Commercial Loan is being secured by an Apartment Complex in the Fort Worth area of Texas. This Investment Property is Constellation Ranch Apartments. A Southern California-based investor received the financing from this Commercial Loan to purchase this Apartment Complex. The Investment Property is situated on 27 acres in Forth Worth. The Commercial Loan was for $13.6 million with a fixed rate. The Commercial Loan has a term of 10 years until becoming due.

The Investment Property is called Constellation Ranch Apartments. The borrowers of this Commercial Loan have acquired a quality Investment Property within minutes of major employment centers. Commercial Mortgage Lenders realize that Fannie Mae was a critical component by providing competitive financing terms including 10 years of interest only payments. These Commercial Loan terms provide borrowers the flexibility to aggressively pursue Commercial Property purchases. The Apartment complex offers easy access to major Fort Worth freeways such as I-30, I-20, and I-45.

Constellation Ranch Apartments includes 324 garden-style units and features numerous amenities. The Investment Property financed has a fitness center, pool, picnic areas, movie theater, game room and free Wi-Fi access. Apartment Unit interiors feature luxury finishes with slate floors, name-brand appliances, custom cabinetry, walk-in closets and balconies.

We can also assist you with your Commercial Real Estate Mortgage and Credit Tenant Loans to purchase a Net Lease Property with CVS, FedEx, Walgreen’s, Target, or a Publix Anchored Retail Shopping Center.

  • Commercial Loans for Multifamily Apartment Buildings
  • Commercial Loans for Retail Properties (CTL Financing)
  • Commercial Loans for Office Buildings
  • Commercial Loans for Hotels
  • Commercial Loans for Industrial Properties
  • Commercial Loans which are Non Recourse Loans
  • Commercial Loans for Medical Buildings & Medical Office Parks

Contact us HERE for a Loan Quote.

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