FINANCED
Churchill Real Estate Provides $37.5M Construction Loan For Dallas Development Site
599 West Princeton Drive
Development Site
245,000 SF
245,000 SF
Financed 1 year ago
Summary
Loan
TEXAS
Development Site
245,000 sqft
Jeff Rosenfeld & Sean Robertson of Churchill Real Estate recently closed a construction loan deal for a development site located at 599 West Princeton Drive in Dallas. The development site spans 245,000 square feet and is owned by JMD Acquisitions.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $37,500,000
- Loan Type: Construction Loan
- Loan Terms: Non-recourse, 24 Month Term
Churchill Real Estate, represented by Jeff Rosenfeld and Sean Robertson, provided the $37,500,000 construction loan for the development site. The loan has a non-recourse structure and a term of 24 months. Please contact Jeff Rosenfeld at [email protected] or Sean Robertson at [email protected] for more information about Churchill's ground-up, multi-family opportunities across the country.
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: Jeff Rosenfeld & Sean Robertson
DATE: 12/23/2021
ADDRESS: 599 West Princeton Drive
MARKET: Dallas
ASSET TYPE: Development Site ~ BSF: 245,000
LENDER: Churchill Real Estate - Jeff Rosenfeld & Sean Robertson
LANDLORD: JMD Acquisitions
LOAN AMOUNT: $37,500,000
LOAN TYPE: Construction Loan
LOAN TERMS: Non-recourse, 24 Month Term
NOTE FROM LENDER: Churchill is actively seeking ground-up, multi-family opportunities throughout the country.
Jeff Rosenfeld - [email protected]
Sean Robertson - [email protected]View on map
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Address599 West Princeton Drive
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