|Billion-dollar Bayside development spurs area investment ||Billion-dollar Bayside development spurs area investment ||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=20256||2018-06-04T05:00:00Z||2018-06-04T22:15:00Z|
GARLAND – Madera Residential secured nearly $82 million in bridge financing for the acquisition and repositioning of Landmark at Lake Village North and Landmark at Lake Village East.
The two garden-style apartment communities, built in 1983, are currently undergoing significant renovations.
Landmark at Lake Village North is an 848-unit community located near the intersection of I-635 and I-30 and close to the President George Bush Turnpike.
Landmark at Lake Village East is a 321-unit community that sits on a peninsula of Lake Ray Hubbard.
The newly-renovated properties will cater to residents looking to live near Bayside, the $1 billion master-planned, resort-style development along the shore of Lake Ray Hubbard.
Once complete, Bayside will feature upscale restaurants, retail, beachfront recreational activities, office space, and Texas’ first Crystal Lagoon, an eight-acre manmade pool with clear turquoise water.
|Company News Release||Dallas-Fort Worth-Arlington||Multifamily|| https://www.walkerdunlop.com/NewsAndEvents/NewsDetail/1633|
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