Updated Jul 25, 2025
Jessica Bailey Of Nuveen Green Capital Secures $9 Million Loan For Cityscape Star Apartments Dallas
1812 Hickory Street
$9,000,000
Units
116
Asset Type
MultiFamily
Closing
Jul 24, 2025
About this deal
AI
The property asset involved in this transaction is Cityscape Star Apartments, a multifamily complex located at 1812 Hickory Street in Dallas. The complex consists of 116 units and offers energy-efficient amenities, enhancing its appeal in the market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $9,000,000
- Lender: Jessica Bailey - Nuveen Green Capital & Lone Star PACE
- Address: 1812 Hickory Street
- Market: Dallas
- Units: 116
This deal was facilitated by Jessica Bailey, representing Nuveen Green Capital and Lone Star PACE, who secured $9 million in C-PACE financing for the project. The borrower involved in this transaction remains undisclosed.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93