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JLL Capital Markets Secures Refinancing Loan for

DALLAS, TX - JLL Capital Markets announced today that it has arranged the refinance of The Jones, a 224-unit, garden-style apartment community located within the DFW metro in Arlington, Texas. JLL represented the borrower, WindMass Capital, to secure a floating-rate loan through Benefit Steet Partners. Notably, this refinance marks the beginning of a new relationship between both parties. Considering WindMass’ growth and investment strategy coupled with the wide array of products offered.....
United States Fort Worth Kris Lowe Kristi Leonard Texas Rangers Golf Club Capital Markets

Midloch Investment Partners and WindMass Capital Acquires 176-Unit Riverwalk Apartment Community in Popular Dallas Submarket

DALLAS, TX - Midloch Investment Partners and its joint-venture partner WindMass Capital have acquired Riverwalk Apartments, a 176-unit multifamily community in the Richardson submarket of Dallas. Riverwalk offers tenants spacious one and two-bedroom floorplans with in-unit laundry, carports and a comprehensive amenity set including an outdoor pool. A garden-style community located at 12920 Audelia Rd., Riverwalk is located in the Richardson Independent School District, which is highly...
United States Sandy Sinclair Richardson Independent School District Investment Partners Windmass Capital Riverwalk Apartments

Pensam Provides $7.6 Million Preferred Equity for Recapitalization of 341-Unit The Elise Apartment Community Located in Dallas

DALLAS, TX - Pensam has closed on a $7.6 million preferred equity investment for the recapitalization of The Elise, a 341-unit apartment community located in Dallas, Texas. In connection with the transaction, the sponsor, Windmass Capital, arranged senior financing with a senior mortgage lender and sought out Pensam’s preferred equity solution to provide incremental capital to support the refinancing. “With the rapid increase in interest rates, proceeds from senior loans have been...
United States Ray Cleeman Windmass Capital Capital Markets Pensam Capital

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Huge Northeast Dallas apartment deal paves way for renovations

Huge Northeast Dallas apartment deal paves way for renovations WindMass Capital is making a second big rental unit acquisition near LBJ Freeway. The Brooklyn Apartments on Forest Lane were built in the 1980s.(The Brooklyn Apartments ) A Dallas investor has agreed to make a huge apartment purchase — its second major acquisition in Northeast Dallas. WindMass Capital has contracted to purchase almost 1,500 rental units in the Brooklyn apartments on Forest Lane near LBJ Freeway. The big apartment...
New York United States Beacon Hill The Bluff Steve Brown Windmas Mitchell Voss

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