Landmark Companies Secures $37.5M Construction Loan For 267-Unit Multifamily In Crowley

The Multifamily property located at 305 Farm to Market Road in Crowley has been involved in a recent transaction. This property spans over 14.9 acres and consists of 267 units. The deal was facilitated by brokers Seth Grossman and Sarah Kuebler from Meridian Capital Group. The landlord for this property is Landmark Companies, and the lender in the transaction is Calmwater Capital.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $37,500,000
• Units: 267
• Acres: 14.9
• Landlord: Landmark Companies
• Lender: Calmwater Capital
• Brokers: Seth Grossman & Sarah Kuebler - Meridian Capital Group

The loan involved in this transaction is a construction loan with an amount of $37,500,000. This loan will contribute to the development and construction of the property.