DALLAS, TX - JLL Capital Markets announced today that it has closed the $58.3 million construction financing for The View at Sapphire Bay, a Class A, 394-unit, mid-rise multi-housing community located on the shore of Lake Ray Hubbard in Rowlett, Texas.
JLL represented the borrower, Zale Properties, to secure the eight-year, fixed-rate construction loan through Principal Global Investors.
Upon completion in May 2024, the five-story View at Sapphire Bay will consist of one-, two- and.
There's an apartment complex going up in Rowlett for those who want to live by a lagoon: Called The View at Sapphire Bay, it'll be a mid-rise communi
Financing closes for multifamily development at lagoon-anchored Sapphire Bay bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
$58 3 million financing secured for Texas multi-housing development – REJournals rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.