McKinney, Texas Sep 26, 2025 – Loeb Capital today announced the provision of a $45 million construction loan designated for a new multi-family housing development in McKinney, Texas. This initiative aims to introduce contemporary, amenity-filled residences into a rapidly expanding suburban area within the Dallas-Fort Worth metroplex.
This community, located within the Craig Ranch master-planned development, is set to comprise 225 luxury apartments, offering various layouts such as studio, one-, two-, and three-bedroom units. Anticipated amenities encompass a resort-like swimming pool, a modern fitness facility, collaborative co-working areas, meticulously designed green areas, and dedicated structured parking.
“John J Loeb of Loeb Capital commented, “McKinney consistently draws considerable population and employment expansion, establishing it as one of the most vibrant submarkets across North Texas.” He further noted, “This financing emphasizes our ongoing pledge to offer capital for top-tier developments in markets that exhibit sustained long-term resilience.”
Work on the project is slated to begin without delay, with its culmination foreseen in late 2026.
Loeb Capital has actively supplied construction, bridge, and structured financing to institutional-grade real estate ventures nationwide. This particular deal additionally showcases the firm’s capacity to provide adaptable capital strategies to developers and investors across various asset categories.
About Loeb Capital
Loeb Capital operates as a privately owned investment entity focused on real estate debt and equity funding. Leveraging decades of collective expertise, the firm collaborates with developers and investors to craft tailored capital arrangements spanning numerous asset types, such as multi-family, hospitality, office, retail, and mixed-use developments.
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Source :Loeb Capital