Toll Brothers, Pondmoon Team Up on Frisco Rental Community
Toll Brothers utilized a $49.5 million construction loan from Santander Bank to build a 285-unit high-end multifamily community in Frisco. Toll Brothers partnered with Pondmoon Capital on the project, which is now open.
Located at 8320 Church St. within the master-planned Frisco Square community, Mirra is close to Highway 289 and Toyota Stadium. Downtown Dallas is some 28 miles away, while DFW International Airport is 24 miles southwest.
The five-story community comprises studio, one- and two-bedroom floorplans ranging from 605 to 1,496 square feet. Common-area amenities include a two-story fitness center with yoga and spin studios, swimming pool with lounge seating and firepit, clubroom with entertainment bar and game lounge.
Pondmoon Capital, formerly JD Capital USA, is an investment manager with deep roots in Asia. The company primarily focuses on real estate development investments in major metropolitan areas in the US, including New York City, Washington, D.C., Dallas, Chicago, Minneapolis, Irvine, and San Francisco.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout