/
|
Tara Capital obtained a $55.5 million loan from Bridgeinvest to support the acquisition and renovation of Park on Voss, a multifamily project in Houston. Tara acquired the property for $63 million, with total project costs estimated at $82.1 million. Upon completion of renovations and stabilization efforts, the intention is to refinance the BridgeInvest loan with permanent debt, securing a long-term investment approach.