Embrey Partners Announces Refinancing of Domain at the Gate in Frisco, Texas
FRISCO, Texas, April 15, 2020 /PRNewswire/ -- Embrey Partners, LTD, in alignment with its strategic plan to advance its position as a diversified real estate investment company and to grow its premium asset portfolio, is pleased to announce the refinancing for Domain at the Gate Apartments in Frisco, Texas.
This 5-story, 350-unit premium living community was built in 2017. Located just north of Frisco Station and the Ford Center at the Star, this high-end property was developed to leverage the growth dynamic in and around north Dallas and the high-density employment nearby.
Amenities include controlled access, 24-hour two-story fitness facility and yoga/spin room, indoor sports simulator, clubhouse and coffee bar, luxurious resort style pool, a fully equipped outdoor kitchen and a private library. The apartments deliver the highest-end finishes, ample floorplans and walk-in closets. Units come with wood-style flooring, full-size washers and dryers and plush carpet in the bedrooms. 5G Evolution wireless technology from AT&T provides data services to the residents.
The debt was placed with Pacific Life with financing originated by Trinity Real Estate Finance, Inc., in San Antonio, Texas.
About Embrey Partners
San Antonio-based Embrey Partners, Ltd., is a diversified real estate investment company that owns, develops, builds and manages multifamily and commercial assets in targeted markets across the United States. Since 1974, Embrey has developed more than 41,000 apartments and over 6 million square feet of commercial property. Embrey is one of the leading developers in the multifamily sector, with approximately 6,000 units under construction or in development. www.embreydc.com
SOURCE Embrey
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