Multifamily Construction | $20,500,000 | Burlington, NC
The mixed-used project called St. Marks will feature 183 garden-style apartments and retail space. The seven-acre site located at 1172 St. Marks Church Road will include an array of desirable amenities such as a saltwater pool, clubhouse, fitness and cardio studio, lounge area and dog park.
In July of last year, Diamondback secured a $42 million loan from Trez Forman to construct a 297-unit apartment community and for-rent townhomes in Huntersville, a suburb of Charlotte. It was one of six loans Trez closed in the Carolinas in 2018.