Newmark Arranges $52 Million Cash-Out Refinance for Bascom Group’s Cantera at Towne Lake in Cypress, Texas
The Bascom Group has completed a $52 million cash-out refinance of Cantera at Towne Lake, a 366-unit, Class A garden-style multifamily community located in Cypress, Texas — a high-growth suburb situated northwest of Houston. Newmark Multifamily Capital Markets arranged the financing through a debt fund, with the transaction led by Vince Punzi and Lowell Takahashi […]