August 22, 2019 Comments Off on 3G Capital Advisors Facilitates $179M in Freddie Mac Loans Views: 363 Arkansas, California News, Colorado, National News, Texas News, West

3G Capital Advisors Facilitates $179M in Freddie Mac Loans

Newport Beach, CA-based 3G Capital Advisors LLC closed $179.2 million in permanent financing for Watermark J&L Partners, LLC. The loans, originated through Greystone and provided by Freddie Mac, will refinance a portfolio of four multifamily communities with a total of 1,188 units in Arkansas, Colorado and Texas.

Watermark Residential’s Paul Thrift says, “3G Capital provided us a window into new agency financing opportunities that will allow us to redeploy capital more efficiently and effectively.”

The four properties that received the financing include:
– Watermark at Steele Crossing, a 306-unit community in Fayetteville, AR
– Watermark on Harvest Junction, a 276-unit community in Longmont, CO (pictured)
– Watermark on Twenty Mile, a 294-unit community in Parker, CO
– The Ranch at Sienna Plantation, a 312-unit community in Missouri City, TX

Each of the loans are fixed rate, 15-years, with seven years of interest-only payments. Greystone’s PJ McDevitt originated the transaction.

Connect With Watermark Residential’s Thrift

Connect With 3G Capital Advisors LLC

Connect With Greystone’s McDevitt


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