DLC – Dolce Living At Bella Terra Apartments – Texas - Project Profile
"DLC – Dolce Living At Bella Terra Apartments – Texas - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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DLC Residential (DLC) is undertaking plans to build a residential complex in Collin County, Texas the US.
The project involves the construction of three- and four-story buildings with up to 740 apartments in two phases.
The first phase, known as Bella Terra at Twin Creeks, comprising 374 apartments and the second phase with 366 apartments.
Dekel Capital (DC), Mountain Capital Partners (MCP) and RED Capital Partners LLC provided joint venture equity to fund the project.
In November 2014, DLC secured funding required to start the construction of the project.
In February 2015, RED Capital Partners Closed US$8.9M mezzanine construction loan for the project.
In the fourth quarter of 2016, construction works on the first phase completed.
Planning activities on the second phase are underway.
The project involves the construction of three- and four-story buildings comprising 740 apartments in Allen, Texas, the US.
The US$150 million project includes the following:
1. Construction of 374 apartments in the first phase
2. Construction of 366 apartments in the second phase
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