Finance Lending
Holliday Fenoglio Fowler Arranges Financing for Cameron Creek Apartments in Fort Worth
July 15, 2008

The Dallas office of Holliday Fenoglio Fowler L.P. arranged $19 million in financing for Cameron Creek Apartments, a 446-unit, garden-style multifamily community in Fort Worth, Tex. The company worked exclusively on behalf of the borrower, The Bascom Group to secure the 36-month, fixed-rate loan through GE Real Estate.  Loan proceeds are being used to acquire and renovate the property.  Cameron Creek Apartments has one-, two- and three-bedroom units averaging 859 square feet each.  Community amenities include two pools, two tennis courts, a spa, a fitness center, a volleyball court and a club house.  As part of the renovation program, Bascom plans to add BBQ areas, tot lots and a wi-fi business center as well as making significant interior upgrades to individual units.  Located at 5209 Bryant Irvin, the property is located close to Interstate 20, Highway 183, University of Texas at Arlington and Hulen Mall.

 
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