MANSFIELD, TEXAS — Cushman & Wakefield and Greystone have arranged the sale of and financing for Evolv, a 334-unit property in Mansfield, 31 miles southwest of Dallas. Greybrook Realty Partners was the buyer and borrower. Greysone’s team, led by Richard Kourbage, Garvin Lee and Gillian McIlroy, arranged a $39.2 million Fannie Mae acquisition loan. Cushman & Wakefield’s investment sales team, led by Grant Raymond and Asher Hall, represented the undisclosed seller in the transaction. Built in 2012, Evolv is a garden-style community situated on approximately 18.6 acres at 370 North State Highway 360. The property features one-, two- and three-bedroom units and amenities such as a resort-style pool, 24-hour fitness center, clubhouse, outdoor kitchen, playground, dog park and garage parking.
Evolv, a 334-unit community developed in Mansfield, Texas, in 2012, has been acquired by Greybrook Realty Partners. Cushman & Wakefield brokered the sale, and Greystone arranged a $39.2 million Fannie Mae acquisition loan.
Greybrook Realty Partners Obtains $39.2M Loan to Buy Texas Property
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