Carbon Companies Secures $138.3 Million Bridge Loan From MF1 Capital For Multifamily Development In Frisco

The Links on PGA Parkway is a multifamily development located at 15950 Paramount Way in Frisco, Texas. The property features 690 luxury apartments and is situated near walking trails and the PGA of America’s national headquarters. The project opened its first phase in December 2021 and a second phase in October 2023, with plans to expand by adding another 620 units in the future.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $138,300,000
• Lender: MF1 Capital
• Landlord: Carbon Companies
• Loan Type: Bridge
• Brokers: Aj Felberbaum, Gabe Stolar, Jay Miller, Noah Rothman & Spencer Miller - BayBridge Real Estate Capital

Carbon Companies has secured a $138.3 million bridge loan from MF1 Capital to refinance the multifamily development. Construction financing is being sought for the planned additional units in future phases of the project.