NorthMarq Provides Loan For MultiFamily Property At 5454 Peterson Ln, Dallas

The Verge Apartments is a 217-unit multifamily property located at 5454 Peterson Ln, Dallas, TX, 75240, within the Dallas market. Built in 1980, the complex offers studio, one-bedroom, and two-bedroom units with an average size of 700 square feet. It features amenities such as two pools, outdoor grilling and dining areas, a fitness center, a business center, and onsite laundry facilities.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Not specified
• Market: Dallas
• Address: 5454 Peterson Ln, Dallas, TX, 75240
• Borrower's Representative: Lauren Bresky (NorthMarq), Patrick Elliott (NorthMarq)
• Lender: NorthMarq

In this transaction, Taylor Snoddy, Charles Hubbard, Eric Stockley, and Philip Wiegand represented the seller. Patrick Elliott and Lauren Bresky of NorthMarq arranged Freddie Mac acquisition financing on behalf of the buyer. Both parties involved in the transaction have requested anonymity.