Summa Terra Ventures & M13 Construction Secures $50 Million Construction Loan For 268 Unit Multifamily In Fort Worth

The property asset involved in this transaction is a multifamily development located at 7124 Anderson Boulevard in Fort Worth, consisting of 268 units. A construction loan in the amount of $50,000,000 has been secured for this project.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $50,000,000
• Address: 7124 Anderson Boulevard
• Market: Fort Worth
• Borrower: Summa Terra Ventures & M13 Construction
• Loan Type: Construction
• Brokers: David Larson & Keegan Burger - Concord Summit Capital

This transaction features key participants including Summa Terra Ventures and M13 Construction as the borrowers. The deal was brokered by David Larson and Keegan Burger, who represent Concord Summit Capital in this financial arrangement.