In May of 2022, Emerald Creek Capital provided a $22,150,000 acquisition loan in Irving, TX. The loan is secured by a residential development consisting of two recently constructed buildings with 121,650 buildable square feet and 101,750 square feet of net rentable area. Together they contain 153 units ranging from one to three bedrooms. Community amenities include a lounge, business center, gated entry, outdoor entertaining areas, and a fitness center. The city of Irving is a thriving inner suburb of Dallas, home to several Fortune 500 company headquarters which generate demand for residential and commercial development. The subject property is ideally located minutes from the Dallas/Fort Worth International Airport at the convergence of an array of highways including Route 161, Route 114, and Interstate 635.
For more information, please contact:
Mike Cleaver, Managing Director
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