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The Freddie Mac program provides funding for affordable housing properties that previously would not have received the same type of financing due to the smaller loan size, and also speeds up underwriting time.
5000 South Hulen is a good fit for Trademark's acquisition strategy, with its strong tenant mix, located within one of the most recognized retail nodes in Fort Worth, equaling location, location, location.
Champions Circle has a live work shop play and stay environment in addition to office sites with unique golf course frontage, retail offerings and affordable to high-end housing in north Fort Worth.
The facility is part of a larger $94.3 million investment being made by the school district in fine arts-related projects and will contribute to the majority of Plano's secondary students participating in fine arts programs.
The Big House design—eliminating standard multifamily features such as common spaces and shared breezeways—allows each unit direct entry to its own garage, private stairs, patios and balconies.
Throughout the sales process, the goal was to find a buyer who shared the same vision in developing a new building on the site, while concurrently keeping the integrity of the overall shopping center.
The facility will be an integral part of the Baylor Scott & White Medical Center Irving's campus and is located adjacent to Baylor Scott & White's 296-bed hospital serving the communities of Irving, Coppell and Grand Prairie, TX.