Core Spaces, Harrison Street Score Refi on Princeton BTR Community

A joint venture between Core Spaces and Harrison Street Asset Management closed on a refinancing of a 408-unit build-to-rent community in Princeton, Texas. Multifamily News reports the note retires a previous $86 million construction loan issued by Western Alliance Bank in 2023,

Newmark’s Jonathan Firestone, Blake Thompson, Clint Frease Travis Bailey and Josh Francis secured the latest financing, provided by GID.

Oxenfree Princeton is located along the U.S. 380 corridor in North Dallas. It’s a mix of townhomes and detached single-family homes, each with private outdoor space and an attached garage. Oxenfree Princeton comprises a mix of townhomes and detached single-family houses, with layouts ranging from two- to four-bedroom floorplans averaging 1,572 square feet.

At the center of the community is The Fieldhouse, a hospitality-inspired amenity hub featuring a resort-style pool, fitness center, sports court and coworking spaces.

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