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MCA arranged construction and permanent financing for two phases of Knox Park Village in the Knox Henderson area of Dallas. One of the first mixed-use developments in Dallas, this 115,000 s.f. development features a variety of unique restaurants and retail/services uses along with office space on the edge of Highland Park.
CENTURA OFFICE TOWER
Dallas, TX
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Metropolitan Capital Advisors Arranges Land Acquisition & Construction Loan for the Centura Office Tower in Dallas, TX
MCA arranged $78,000,000 in Construction Financing for Centura Tower Office Building which fronts the Dallas Tollway in north Dallas. The 400,000 s.f. Class ?A? Office Building is highlighted by a dramatic 4-story Atrium that connects the office tower to the parking facility anchor tenants include Coca-Cola Company. Metropolitan Capital Advisors became involved in the transaction in very early stages including assisting the developer in arranging a complex land assemblage financing. MCA also consulted with the developer with the placement of equity and construction financing for the entire development.
LANDMARK
Denver, Colorado
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Denver-based Everest Development Co.
has obtained a $182.2 million construction loan from
Hypo Real Estate Capital Corp. for its Landmark
mixed-use project in the Greenwood Village area of
Denver. The loan represents the entry into the Denver
market for Hypo, a subsidiary of Hypo Real Estate Bank
International AG, which is a branch of Hypo Real Estate
Group, one of Europe’s largest real estate
financiers.
The project is being developed in two phases.
Phase I consists of the Landmark Shops, a retail center
with about 150,800 square feet, and the residential
condominium Tower I, known as the Landmark, a 13-story
residential building including 135 residential units and
269 parking spaces. The retail component willbe
completed this fall, and the residential tower in early
2008.Phase II will consist of the residential
condominium Tower II, known as the Meridian, a 14-story
building including 126 residential units with an
additional 17,000 square feet of retail space, and 256
parking spaces. Phase II is slated for completion in
2009. The Landmark development will also have the
distinctionof being a transit-oriented community, with
access to the new Denver light rail system.
ROCKWALL MEDICAL CENTER
Rockwall, TX
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Metropolitan Capital Advisors, Ltd. has arranged construction financing for two adjacent office projects located within the Horizon Ridge master-planned development in Rockwall, Texas.
A $8,080,000 interim construction loan was secured for the construction of Lake Pointe Medical Building on behalf of a Partnership sponsored by Today Realty Advisors, Quorum Equities Group and PM Realty Group. The Project will be a 2-story building containing 58,000 s.f. of medical office
CROSS OAKS RANCH
Denton County, TX
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Metropolitan Capital Advisors Sources the Acquisition and Development of Cross Oak Ranch.
Metropolitan Capital Advisors, Ltd. (“MCA”) has arranged the debt for the purchase of a Master Planned, Residential Community. The property is situated south of State Highway 380 fronting Highway 720.
To date, Ryland, Pulte and Bowen Homes have completed and sold over 250 residences within the development. At completion the project will be home to over 1900 families.