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Henry S. Miller Investment Banking Group Arranges $35
million in Financing
DALLAS,
TX - June 29, 2005 --
The Henry S. Miller Investment Banking Group is pleased to
announce the closing of financing for Virginia Gardens, a
202 unit senior independent living project in McKinney,
Texas. The financing package totaled $35,887,518 and
included the construction loan, permanent loan forward
commitment and equity for 100% of the total project costs.
The property is located on Virginia Parkway in McKinney,
Texas. Residents will be age-restricted to 55 and over.
Roy G. Norwood, Jr., President and Loy R. Shaw, Jr., Senior
Vice President of Henry S. Miller Investment Banking Group
arranged the financing on behalf of a Dallas-based
developer.
Henry
S. Miller Commercial, founded in 1914, is Texas’ largest
independent commercial real estate firm and a member of The
Commercial Network, one of the largest affiliations of
commercial real estate firms in the nation.
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