Old Capital Provides $9.8M Bridge Loan For Multifamily Property In Irving, TX

The multifamily property located at 2700 Rock Island Road in Irving, TX has been involved in a recent loan transaction. The property consists of 92 units with a total square footage of 78,600. The loan was provided by Old Capital and facilitated by James Wilson from Old Capital. The loan amount for this bridge loan was $9,800,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,800,000
• Units: 92
• Square Footage: 78,600
• Lender: Old Capital
• Broker: James Wilson - Old Capital
• Loan Type: Bridge Loan

This loan transaction was made possible through the efforts of James Wilson from Old Capital. He acted as the broker representing the buyer and seller in this deal. The involvement of Old Capital as the lender demonstrates their commitment to providing financing for multifamily properties in the Irving, TX market.