Transactions

The Watson

The 70% LTV non-recourse $29,596,000 Freddie Mac loan carries a 10-year term, a floating interest rate with the first 5 years of interest-only payments, and a 30-year amortization period. Built in 2017, The Watson is a luxury apartment community with a range of deluxe amenities including 24/7 fitness complex; pool; fire pits; grill stations; wi-fi café; playground; pet-friendly parks; and four-story parking garage. The property’s location provides easy access to Dallas and Fort Worth, and a host of restaurants, shopping, and recreation options.