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Developer Duo Inks $125M Loan for Frisco Apartments
Carbon Companies and Greenway Investment Company secured a loan for approximately $125 million to finalize the large-scale, luxury multifamily development, The Links on PGA Parkway, in Frisco, Texas. The loan, arranged by the Carbon Companies team, will be used to complete the final phases of the four-phase, 38-acre development.
The Links on PGA Parkway is located at 15950 Paramount Way in the heart of the Frisco Urban Village. The first two phases of the development (photo), which opened in December 2021 and October 2023, introduced 690 units and a two-acre city park. With financing secured for the final two phases, an additional 620 podium-style units will be constructed with 815 underground parking spots. Each building will be complete with its own wellness facilities and amenities. The Links on PGA Parkway will offer a total of 1,310 residential units after all phases of the development are complete.
The amenities include two pools with outdoor lounges, two clubhouses, two fitness centers, a grab-and-go market offering grocery essentials, and an advanced golf simulator.
- ◦Financing
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