Forum Capital Advisors Closes $18M Preferred Equity Loan For Tacara At Steubing Heights In San Antonio | 6439 De Zavala Road | Forum Capital Advisors | Development Site | Loan

Summary

Loan

TEXAS

Development Site

Tacara at Steubing Heights, a San Antonio multifamily project, has secured an $18 million Preferred Equity loan from Forum Capital Advisors. The development, located at 6439 De Zavala Road, will consist of 293 market-rate apartment units. It boasts a prime location with easy access to major employers and retail attractions in San Antonio.

Summary of transaction details:

Property Type: Development Site
Loan Amount: $18,000,000
Lender: Forum Capital Advisors - Joshua Manning & Joe Chickey

Forum Capital Advisors, a Denver-based investment management firm, facilitated the $18 million Preferred Equity loan for Tacara at Steubing Heights. Joshua Manning & Joe Chickey served as the representatives from Forum Capital Advisors in this deal, ensuring a successful financing arrangement for the San Antonio multifamily project.

Players

All
1

Lenders
1

Forum Capital Advisors

Details

Deal Summary

FINANCED

IMAGE: Joshua Manning & Joe Chickey DATE: 06/22/2023 ADDRESS: 6439 De Zavala Road MARKET: San Antonio ASSET TYPE: Development Site LENDER: Forum Capital Advisors (@ForumInvestmentGroup) - Joshua Manning & Joe Chickey LOAN AMOUNT: $18,000,000 LOAN TYPE: Preferred Equity NOTE: Denver-based investment management firm, Forum Capital Advisors, has closed an $18 million investment in Tacara at Steubing Heights, a San Antonio multifamily project. The development will feature 293 market-rate apartment units and offer convenient access to major employers and retail attractions.

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Address6439 De Zavala Road

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