Lightstone Capital Provides $28.5M Bridge Loan For Multifamily Property In Dallas

The property asset involved in this transaction is a multifamily building located at 10928 Audelia Creek Blvd in Dallas, TX. The asset features a total square footage of 256,584 and comprises 362 units, demonstrating its significant scale within the Dallas market.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $28,500,000
• Loan Type: Bridge
• Lender: Lightstone Capital
• Brokers: Dan Sacks, Thomas Wayda & Harrison Drucker - Greystone

Key individuals involved in this transaction include Dan Sacks, Thomas Wayda, and Harrison Drucker, who represented the brokerage Greystone in securing the loan for the property. Their involvement was crucial in facilitating the bridge loan provided by Lightstone Capital for this deal.