Scott Fowler, a director in the Dallas office of Holliday Fenoglio Fowler LP arranged the loan for Vance House Park Investments, a California-headquartered limited partnership, on behalf of Jerry Kay. Column Financial Inc., a conduit lender, provided the 10-year, fixed-rate loan.
Jackson Square Apartments, situated in the northwest submarket, is 92% leased. It has one-, two-, and three-bedroom units. Common-area amenities include laundry facilities, two swimming pools and a pool cabana. The property is two blocks from Loop 410 and less than one mile from Interstate 10. A retail strip center is located directly across the street, which contains an upscale restaurant, pizza parlor, karate school, florist and Mexican restaurant.
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