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Transaction Details

Redevelopment Loan


Dallas, Texas

  • Loan Amount: $13,239,000
  • Project Type: Office to Multifamily Conversion

Transaction Overview

StackSource recently arranged bridge financing for the acquisition and redevelopment of a historic office property in Dallas, Texas. The sponsors plan to convert the 17 floors of office space to 238 residential multifamily units, while the basement and the ground floor will be converted to retail use. The subject property was built in 1958 and comprises over 180,000 square feet. Senior Managing Director Beth Mercante arranged the senior debt.

MBP specializes in debt and equity placement for all asset classes. Our extensive network of unique capital sources in development and permanent financing and extensive capital markets knowledge allows us to tackle a wide variety of transactions, regardless of complexity or size, to benefit our clients.

MBP has a team of dedicated and experienced finance professionals with you at every step. We are consistently improving and expanding our capital market relationships and are committed to exceeding our client's expectations through these relationships, innovative solutions, and outstanding work ethic.

Intermediaries Team

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