Lender Outlook: Texas Multifamily

16 December, 2011, Bethesda, MD

Larry Sneathern, senior vice president of Beech Street Capital's Dallas, Texas office, was interviewed in Texas Real Estate Business about his outlook on multifamily properties in Texas. 

 
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Closings

Pennsylvania and Delaware Portfolio
  • $68 million fixed-rate Fannie Mae Conventional loans
  • Multifamily - 1,106 units across four properties 
  • Philadelphia-Camden-Wilmington MSA, Pennsylvania and Delaware
Texas and Arizona Portfolio
  • $151.9 million fixed-rate Fannie Mae Conventional loans
  • Multifamily - 3,675 units across 15 properties 
  • Dallas, Houston, Austin, San Antonio, Texas and Phoenix, Arizona 
Corner House Lofts
  • $10 million fixed-rate CMBS loan
  • Multifamily - 133-bed student housing property
  • Ann Arbor, Michigan
Evanston Nursing & Rehabilitation Center
  • $4.3 million HUD 232/223(f) loan
  • Healthcare - 57-bed skilled nursing facility
  • Evanston, Illinois
Horizons North
  • $20.2 million fixed-rate Freddie Mac CME loan
  • Multifamily - 276 units
  • Miami, Florida
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