Carbon Companies has received a $138.3 million bridge loan for their large-scale multifamily development, The Links on PGA Parkway in Frisco. The loan was arranged by BayBridge Real Estate Capital and will be used to refinance existing debt from the first two phases of the project.
The financing was provided by MF1 Capital, LLC, a multifamily-focused debt fund and originated by Jay Miller, Spencer Miller, AJ Felberbaum, Gabe Stolar and Noah Rothman from BayBridge.
The Links on PGA Parkway is a luxury residential community with four phases. It features landscaped shared green spaces and adjacent walking/biking trails as well as various health/wellness amenities on-site. The first two phases opened in December 2021 and October 2023 respectively with 690 units total. Carbon Companies is currently securing construction financing for the remaining two phases which will add an additional 620 units.
Located at 15950 Paramount Way in Frisco, residents of The Links can enjoy access to two clubhouses with resort-style pools/lounges as well as state-of-the-art fitness centers. For those who love golfing there’s even a golf simulator available for use.
