JV developing The Residence at OakmontJV developing The Residence at Oakmonthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=170302017-07-07T05:00:00Z2017-07-07T15:00:00Z

​​BRYAN – ​​​​Parkcrest Builders Ltd. and Parkgreen Living LLC are developing The Residence at Oakmont, a 256-unit Class A apartment community at the intersection of Boonville Rd. and Pendleton Dr.

Mason Joseph Co. Inc. has closed a $29.5 million loan​ for the construction and permanent financing of the property.

HUD provided the nonrecourse loan, which offers a fixed interest rate for the 18-month construction period and subsequent 40-year term.​

College Station-Bryan
http://rebusinessonline.com/mason-joseph-closes-29-5m-hud-construction-loan-for-256-unit-apartment-community-in-bryan/Read more at {Source}

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