Regions Southwest
Financing Deal in Place for Two Suburban Dallas Affordable Housing Properties
Sept 5, 2008

With the assistance of Holliday Fenoglio Fowler L.P., Juniper Investment Group has gotten its hands on $17.5 million in financing for its Garden Gate Fort Worth and Garden Gate Plano affordable housing communities located in Fort Worth and Plano, respectively. Holliday Fenoglio placed a seven-year $7.8 million fixed-rate loan for the 240-unit Garden Gate Fort Worth with Freddie Mac, and also obtained a $9.7 million seven-year fixed-rate loan for the 240-unit Garden Gate Plano with the mortgage lender. Both Dallas-area properties were developed in 1995 under the Section 42 Low Income Housing Tax Credit program.

 
Recent Southwest Headlines
General Growth Wangles Extensions on $900M in Mortgages
Dec. 01, 2008
General Growth Properties Inc. has reached an agreement with a six-lender consortium to extend the maturity date for $900 million in mortgage loans on the company’s Fashion Show and Palazzo malls on the Las Vegas strip.
Halvorson Joins Hanley Investment as SVP, Arizona Retail
Dec. 01, 2008
Hanley Investment Group Real Estate Advisors said today that industry veteran John Halvorson has joined the company as a senior vice president to focus on the Arizona retail market.
Commerce Center Intercontinental Acquires Tucson Industrial Portfolio
Nov. 25, 2008
Intercontinental Real Estate Corp. has purchased a technology & industrial portfolio in Tucson, Ariz., the company announced. The acquisition was made on behalf of Intercontinental’s U.S. Real Estate Investment Fund L.L.C.
Opus Phoenix-Area Retail Center Moves Forward
Nov. 21, 2008
Opus West Corp. has begun construction on, and nailed down leases for most of the space at, the 170,000-square-foot Mill Crossing retail center in Chandler, Ariz., in southeast metro Phoenix.
$700M Houston-Area Mixed-Use Project Expands
Nov. 20, 2008
A huge mixed-use development in a Houston suburb has recently both broken ground and potentially added another major component. The 150-acre WaterLights project, being developed by Historic Real Estate Inc., is under way in the growing Houston suburb of Pearland.