An Dallas community of upscale apartment, that are located in Oak Lawn area, have in debt about $43 million as part of $71 million obtained by a company of real estate in Canada.
AVENUE ON FAIRMOUNT
368-unit and five-story upscale apartment was sold by the mid-rise real estate community (located at 4210 Fairmount St.) to Vancouver, that is based in Pure M. Family RET LP. And this was placed a fixed-rate of 12 years loan to the Cigna Investments.
All loan proceeds finally were used to buy the property. And HFF helps with the finance securing on behalf of client.
The real estate community is located near of the Dallas area of North Tollway, just near to the restaurant row of Maple Avenue, which includes the 18th Vine & Sprezza.
The property we are talking about was developed in autumn of 2015 and was named as one of the biggest real estate communities that were opened in last year.
It includes a lot of various amenities, how, for example, the central plaza with pool and fire pit, gourmet kitchen (obviously with grilling), wellness studio (equipment of CrossFit), spin room and yoga, tanning studio, and, finally, the relaxation garden (of course, with station of pet grooming).
The interiors of this luxury apartment include upscale finishes, like keyless entry, spa showers, perfect plank flooring and kitchens for gourmet (the granite countertops), good wine racks, and cabinetry with glass-panels.