facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Mixed Use

/

Loan

/

385l East Las Colinas Boule...

Harbor Group International Secures $124.65M Refinance For Alesio Urban Center In Irving, TX
FINANCEDMixed-use

Harbor Group International Secures $124.65M Refinance For Alesio Urban Center In Irving, TX

385l East Las Colinas Boulevard

$124,650,000

Building Size

Asset Type

Mixed-use

Closing

Jun 22, 2026

AI

Alesio Urban Center is a mixed-use community located at 385l East Las Colinas Boulevard, Irving, TX, encompassing 908 units across a 17.29-acre site. The recent refinancing for this property has been valued at $124,650,000, facilitated by Blackstone as the lender for Harbor Group International.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $124,650,000
  • Units: 908
  • Acres: 17.29
  • Lender: Blackstone
  • Landlord: Jordan E. Slone - Harbor Group International
  • Brokers: Charles Foschini, Christopher Apone, Shannon Wilson & Lourdes Carranza-Alvarez - Berkadia
  • Loan Type: Refinance
  • Date of Closing: June 4, 2026

The refinancing arrangement was coordinated by Berkadia, aiming to retire existing debt on the property, affirming the ongoing lender interest in large-scale multifamily assets within the Dallas-Fort Worth region.

Players

Charles Foschini

Berkadia

Broker

$3.1B

vol

57 deals

Broker
Blackstone
BlackstoneLender
Harbor Group International
Harbor Group InternationalLandlord

Schertz Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.13%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93