Regions Southwest | Dallas
Financing Deal in Place for Two Suburban Dallas Affordable Housing Properties
Sept 5, 2008

With the assistance of Holliday Fenoglio Fowler L.P., Juniper Investment Group has gotten its hands on $17.5 million in financing for its Garden Gate Fort Worth and Garden Gate Plano affordable housing communities located in Fort Worth and Plano, respectively. Holliday Fenoglio placed a seven-year $7.8 million fixed-rate loan for the 240-unit Garden Gate Fort Worth with Freddie Mac, and also obtained a $9.7 million seven-year fixed-rate loan for the 240-unit Garden Gate Plano with the mortgage lender. Both Dallas-area properties were developed in 1995 under the Section 42 Low Income Housing Tax Credit program.

 
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