Nova Capital's Steven Yazdani Secures $21.4M Loan For Gold Creek Apartments

The Gold Creek Apartments is a 255-unit multifamily community known for its Class A property status. Located at 704 Dale Ln, White Settlement, TX, the apartment complex sits on 11.6 acres in Fort Worth. At the time of acquisition, the property was 97 percent occupied.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $21,400,000.00
• Address: 704 Dale Ln, White Settlement, TX
• Market: Fort Worth

Steven Yazdani of Los Angeles-based financial advisory firm Nova Capital represented Darwin German Real Estate in securing a $21.4 million Freddie Mac acquisition loan for the Gold Creek Apartments. Additionally, Darwin German will utilize $6 million in equity towards the acquisition.