Texas Residences At Town Square LLC Obtains $60M Bridge Loan For Amarillo Multifamily Property

The multifamily property located at 9181 Town Square Blvd in Amarillo has been involved in a recent transaction. Owned by Texas Residences at Town Square LLC, this property consists of 480 units. The transaction, facilitated by broker Greysteel, included a loan provided by Dwight Capital's Josh Sasouness.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $60,000,000
• Date: 07/26/2021
• Address: 9181 Town Square Blvd, Amarillo
• Units: 480
• Landlord: Texas Residences at Town Square LLC
• Lender: Dwight Capital - Josh Sasouness
• Broker: Greysteel
• Loan Type: Bridge

In this transaction, a bridge loan of $60,000,000 was secured for the multifamily property at 9181 Town Square Blvd. The loan was provided by Dwight Capital, with Josh Sasouness representing the lender. Greysteel acted as the broker in the deal, facilitating the transaction between the landlord, Texas Residences at Town Square LLC, and the lender.