PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site
 

Press Releases

 
Locust Park Capital

Press Release


Receive press releases from Locust Park Capital: By Email RSS Feeds:

Locust Park Capital Arranges $8M Loan for Dallas Multifamily Portfolio Acquisition


Dallas, TX, June 15, 2019 --(PR.com)-- Locust Park Capital has arranged a $10 million acquisition loan for a multi-family portfolio consisting of 4 buildings and totaling 240 units. The portfolio is spread throughout the Dallas/Fort Worth area. The undisclosed buyer intends to perform major capital improvements consisting of upgrading apartment finishes and common areas, painting exteriors, roof improvements and landscaping. Kenneth Lee and Jay Lopez of Locust Park Capital originated the fixed rate five-year loan, which includes a 30-year amortization schedule. The loan was arranged through an undisclosed balance sheet lender on behalf of the borrower.

Locust Park Capital is a real estate investment banking and capital advisory business headquartered in New York, NY. Founded in 2018 by accomplished principals with over 30 years of combined experience. The company specializes in arranging sponsor equity and debt financing for developers, funds, and family offices both domestically and in Europe.
Contact Information
Locust Park Capital
Kenneth Lee
646-450-1852
Contact
locustparkcapital.com

Click here to view the list of recent Press Releases from Locust Park Capital
Promote Your Business