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Fremont arranges $32M townhouse financing.


The Phoenix office of Trammell Crow F. Trammell Crow (born June 11, 1914, in Dallas, Texas) is an American property developer who created several famous projects, including Dallas Market Center, Peachtree Center (Atlanta, Georgia), and San Francisco's Embarcadero Center.  Residential, a nationwide multi-family developer, has secured construction financing for The Quarter, a 171-unit townhouse town·house or town house  
n.
1. A residence in a city.

2. A row house, especially a fashionable one.
 project located in Glendale, Arizona Glendale is a city in Maricopa County, Arizona, USA. As of the 2000 census, the city population was 218,812. According to 2005 Census Bureau estimates, the population of the city is 239,435.[1] It is a major suburb of Phoenix. . The land was purchased by Trammell Crow on February 10, 2006.

Fremont Investment & Loan provided a $32,850,000 loan to finance the construction of the 171 townhomes announced Andrea Karp, vice president, senior loan originator in Fremont's Phoenix office.

The project consists of ground-up construction of 171 two and three bedroom, three-level townhouses, with direct access 2-car garages on 8.7 acres located in Westgate City Center The Westgate City Center is the name of a mixed-use development located in Glendale, Arizona. It is described as a super-regional[1] destination for shopping, entertainment, commercial office and luxury residential. Anchored by the Jobing.  in Glendale, AZ, just steps east of the Glendale Arena.
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Title Annotation:FINANCE; Fremont Investment & Loan
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:May 24, 2006
Words:104
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