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29th Street Capital strives to make positive economic, social, and environmental changes for the local community and real estate markets. At 29th Street Capital, our team of professionals are driven by and follow our strengths bringing the market a multifamily industry-leading company.
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29th Street capital in the Press
29th Street Announces Closing on Preferred Equity Investment in Fort Worth, TX
Chicago, IL – September 4, 2024 – 29th Street Finance proudly announces the successful completion of a $3.2 million preferred equity investment in Mystique at University Heights, a Class A, 117- unit multifamily property in Fort Worth, TX.
"We're pleased to announce the completion of our preferred equity investment in Mystique at University Heights," commented Jeff Gragnolati, Managing Principal of Preferred Equity at 29th Street. "Our borrower-focused approach, supported by simple and compliant documentation, ensures a seamless experience. This collaboration with Freddie Mac underscores our commitment to providing effective and efficient financial solutions."
29th Street Finance specializes in preferred equity investments between $3 and $15 million, offering competitive rates and terms tailored to meet the unique needs of our clients in all major markets. Our lending program is designed to support borrowers seeking quick closings with a reliable partner, who as a large owner-operator itself, knows what works. For further information about 29th Street and its investment opportunities, please visit 29SC.com.
About 29th Street:
Headquartered in Chicago, 29th Street is a privately held investment management firm focused on multifamily real estate and Proptech. We lend to, acquire, develop, renovate, and manage multifamily communities nationwide, deploying our technology to enhance the resident experience and optimize property performance. Backed by more than 15 years of delivering above market returns across over $5.1 Billion in assets, our culture is driven by our Mission, Vision, and Values. The firm's portfolio spans across multiple states and encompasses a diverse range of property types. Learn more about 29th Street at 29SC.com.
PRESS CONTACT
Sharie Damm
Director of Corporate Communications and Public Relations
sharie.damm@havenresidential.com
312-933-2434
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