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Texas  + Dallas-Fort Worth  + Apartments  |  August 5, 2026
Vic Centre Apartments
Mike Boyd
By: Mike Boyd

Concord Arranges $50M Construction Loan for FW Apartments

Summa Terra Ventures and M13 Construction obtained a $50 million construction loan for Vic Centre Apartments, a 268-unit Class A multifamily community in Fort Worth.

Concord Summit Managing Director David Larson and Director Keegan Burger arranged the financing on behalf of the project sponsor. The financing was structured as an 80% loan-to-cost capital stack, combining senior construction debt with mezzanine financing.

Vic Centre Apartments will rise at 7124 Anderson Blvd. in East Fort Worth, 15 minutes from downtown Fort Worth. The community will span nine three-story buildings, offering a mix of studios, one-bedroom and two-bedroom units, along with premium amenities.

Construction has already begun and is expected to be completed within 24 months.  

Join the region’s leading multifamily owners, developers, investors, lenders, and brokers at Connect Texas Multifamily on August 13 in Dallas for a focused discussion on the market forces redefining Texas real estate. Be in the room with the decision-makers driving deals and growth across Texas. Register today: www.ConnectTXMF2026.com.

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Inside The Story

Summa Terra

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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