Robb Capital Arranges $4 Million Financing for Spanish Hacienda Apartments

Date: On June 7th, 2017, Robb Capital proudly announced the successful arrangement of financing in the amount of $4,000,000 for Spanish Hacienda Apartments, a prominent 154-unit multifamily building situated in the vibrant city of Fort Worth, TX.

Property Details:

– Name: Spanish Hacienda Apartments

– Description: This multifamily project encompasses 154 well-appointed units, providing comfortable and inviting living spaces to residents.

– Loan Amount: The financing package secures $4,000,000, supporting the ongoing growth and development of Spanish Hacienda Apartments.

– Interest Rate: The financing package features a competitive interest rate of 4.24%, ensuring stable and favorable terms.

– Amortization: With a comfortable 30-year amortization schedule, this financing arrangement enhances the property’s financial structure, ensuring manageable and sustainable repayments.

– Term: This financing boasts a 10-year term, offering stability and predictability for both the borrower and the property’s investors.

– Type of Program: Structured as a Fixed Rate Financing, this program offers reliability and consistency.

– Loan To Value (LTV): The LTV ratio stands at 52%, reflecting a well-structured financing arrangement that provides favorable terms.

– Street Address: Spanish Hacienda Apartments is located at 1212 Lowden Circle in Fort Worth, TX.

Robb Capital is honored to have played a pivotal role in securing this $4 million financing for Spanish Hacienda Apartments. This financing empowers the continued growth and prosperity of this multifamily project in Fort Worth, reinforcing its position as a valuable asset in the local real estate landscape.