Trademark Secures $61M Construction Loan for FW Apartments

Trademark Secures $61M Construction Loan for FW Apartments

Trademark Property Company has successfully closed on the land and financing for The Vickery, a mixed-use community in Downtown Fort Worth. This development will feature 307 apartments, 14 townhomes, and a standalone restaurant building with a second-story lounge. The residences will offer amenities such as public green space, pickleball court, dog parks, coworking lounge, electric vehicle charging stations,and rooftop lounge with heated pool.

The City of Fort Worth played an important role in establishing a Tax Increment Finance District (TIF) to improve sidewalks,lighting,and other public spaces surrounding the community.

Construction is set to commence early next year with GFF’s Dallas and Fort Worth offices serving as project architects. First United Bank provided the $61 million construction loan while SCOA Real Estate Partners serves as primary capital partner.

This latest update from Trademark showcases their success in securing funding for The Vickery,a highly anticipated multifamily-led development that promises to enhance Downtown Fort Worth’s landscape.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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