Mesa West Capital Provides $42M Loan For Perry Row Acquisition In Dallas By David Moore And Jon Winkelried

The asset involved in this transaction is Perry Row, a 149-unit townhome community located at 6044 East Lovers Lane in Northeast Dallas. The property is classified as MultiFamily and has undergone an acquisition and renovation process funded by a loan amount of $42,000,000.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $42,000,000
• Lender: Mesa West Capital
• Landlord: David Moore - Knightvest Capital & Jon Winkelried - TPG
• Loan Type: First mortgage loan
• Loan Structure: Five-year, non-recourse

This transaction was arranged by JLL's Mark Brandenburg, who facilitated the loan that enables a comprehensive renovation of both the property’s exterior and interior units, reflecting the commitment to enhancing the living environment within the community.