Financing was arranged by HFF (Holiday Fenoglio Fowler, L.P.) and HFFS Securities L.P. with a construction loan through Texas Capital Bank ( www.texascapitalbank.com) and The PrivateBank ( www.ThePrivateBank.com) and mezzanine financing from Behringer Harvard. ( www.behringerharvard.com).
TDI ( www.tdire.com) currently has 1,406 units under construction in Texas, California and Arizona and has asset management responsibilities over 4,900 units nationwide. In addition, TDI has plans to develop an additional 2,320 units over the next 12 months that are in various stages of planning and predevelopment and is currently raising capital to complement their venture platforms in order to fund their expansion and business plan.
The firm offers investment management, pre-development, underwriting, marketing and asset management services as well as construction, financial and administrative services.
SOURCE TDI Real Estate Holdings LLC