" alt="">
Lending Portfolio
Transaction Details
The development is a 144-unit apartment complex located just ten miles outside of the cultural hub of Corpus Christi in Gregory, Texas. The project developer is Tim Torno with Torno Properties, LLC and his LP partner Cleburne Oaks GP. Elad Dattelkramer, co-founder of ARC Israel, sourced the financing for the project.
Deal Basics
-
location
Gregory, TX
-
loan amount
$15.5 Million
-
claim type
1st Lien
-
loan type
Construction Loan
-
property type
Multifamily