May 10, 2017 Comments Off on Plano Multifamily Development Receives $87.3M Loan Views: 438 Texas News, Top Texas Stories

Plano Multifamily Development Receives $87.3M Loan

A Humphreys & Partners-designed apartment tower underway at Legacy West in Plano, TX has received an $87.3 million FHA loan through Love Funding, a subsidiary of Midland States Bancorp Inc. The FHA loan, Love Funding noted, was the largest ever issued in the Southwest.

Lewisville-based NE Development is developing the 29-story community, named LVL 29. The building, scheduled to open in early 2019, will feature 328 units ranging in size from 600 to 3,800 square feet. The project’s general contractor is Hunt Construction Group.

Read More at Dallas Morning News

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