Updated Sep 22, 2026
VIC Partners Secures $48 Million Construction Loan For 268-Unit Multifamily At 7120 Anderson Boulevard
7120 Anderson Boulevard
$48,000,000
$198/SF
Building Size
242,000 SF
Asset Type
MultiFamily
Closing
Jul 24, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 7120 Anderson Boulevard in Fort Worth. It encompasses a total of 268 units and spans 242,000 square feet.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $48,000,000
- Loan Type: Construction
- Lender: David Hogan - Hickory CRE Lending; Dylan Jagjivan - OakNorth
- Borrower: VIC Partners
- Broker: David Larson - Concord Summit Capital
The transaction involved key individuals including David Hogan and Dylan Jagjivan as lenders, along with David Larson as the broker representing VIC Partners in the deal.
On the Map
$48,000,000
$198/SF
MultiFamily
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Players
Fort Worth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93