Azul Multifamily DE Refinances Dallas Multifamily Property For $28.5M

The multifamily property located at 10928 Audelia Road in Dallas has recently undergone a refinancing loan transaction. The property spans over 9.28 acres and consists of 362 units. The loan amount for this transaction was $28,500,000, provided by Lightstone Capital and facilitated by Eugene Rozovsky. The borrower, Azul Multifamily DE, was represented by Jeff Amos. The broker involved in this deal was Thomas Wayda of Greystone.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $28,500,000
• Units: 362
• Acres: 9.28
• Lender: Lightstone Capital - Eugene Rozovsky
• Landlord: Azul Multifamily DE - Jeff Amos
• Broker: Thomas Wayda - Greystone

This refinancing loan transaction showcases the collaboration between Lightstone Capital, Azul Multifamily DE's representative, Jeff Amos, and the broker, Thomas Wayda of Greystone. The successful outcome of this deal highlights the demand for multifamily properties in the Dallas market.