facebook
Traded Co logo
Submit

Sequoia Asset Management Secures Acquisition Bridge Loan For Multifamily Project In Dallas

Property Image
FINANCED
$1

Texas

See Similar Deals
MultiFamily100,032 SF
Financed 12/30/2024
the dealplayerscompscontact
Property Image
FINANCED

Sequoia Asset Management Secures Acquisition Bridge Loan For Multifamily Project In Dallas

4753 Duncanville Road

See Similar Deals
MultiFamily100,032 SF
Financed 12/30/2024
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:100,032 SF
Transaction Type:Loan

The asset involved in the transaction is a multifamily property located at 4753 Duncanville Road in Dallas, consisting of 112 units within a total square footage of 100,032. The loan provided is for acquisition purposes with a term of 12 months.

Summary of transaction details:

This transaction was facilitated by Bolour Associates, Inc., which provided acquisition bridge financing for the project in three weeks. The lender emphasizes their capability in handling complex private lending deals and financing up to 75% LTV. Clay Goldthwait can be contacted for further financing discussions in 2025.

Players

John Choi
Concord Summit Capital
John Choi
5 deals$92.8M volume(323) 481-3116
BROKER
Bolour Associates
Bolour Associates
LENDER

Details

FINANCED
IMAGE: John Choi, Clay Goldthwait & Hiren Naik DATE: 12/30/2024 ADDRESS: 4753 Duncanville Road MARKET: Dallas ASSET TYPE: Multifamily ~ UNITS: 112 ~ SF: 100,032 LENDER: Clay Goldthwait & Hiren Naik - Bolour Associates, Inc. (@Bolour_CRE) LANDLORD: Sequoia Asset Management BROKER: John Choi - Concord Summit Capital (@ConcordSummitCapital) LOAN TYPE: Acquisition LOAN TERMS: 12 Months NOTE FROM LENDER: BOLOUR provided acquisition bridge financing for a low-income multifamily project in just three weeks. Our speed and certainty of execution allowed our borrower to close before a hard end-of-year deadline while pursuing a permanent HUD loan. Contact Clay Goldthwait at ☎️ 323-677-0550 ext.121, 📧 [email protected], or visit bolourassociates.com/lending/ to discuss your financing needs in 2025. BOLOUR is an asset-based bridge lender specializing in urban infill primary & secondary markets. BOLOUR draws from our experience in investment & development to tackle complicated private lending deals. We can finance up to 75% LTV, loan term up to 3 years, loan amount from $4 million to $30 million, & interest rates starting at 8.00%.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1.00

Monthly NOI$0.01
Monthly Debt Service$0.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00