“The Stanton” investment in Lockhart, Texas represents a unique opportunity comprising two phases. Phase I involves the purchase and operation of the existing 140 units built in 2019. Phase II involves the ground up development of 144 additional units to be completed by December 2024. Phase I is funded through private equity and a 10-year, fixed rate Fannie Mae Commercial loan through Arbor Commercial lending. Phase II is funded through private equity and a 2-year construction loan through Encore Bank.
Developer:
Pilot-Legacy Private Equity Group
16051 Addison Road, Suite 201
Addison, Texas 75001
pilot-legacy.com
Негізгі бет Stanton Update - June 2024
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