Dallas News: Plano’s Legacy West Project Lands $300 Million from MetLife

One of the country’s largest commercial real estate investors has provided more than $300 million for Plano’s new Legacy West project. Metropolitan Life Insurance made the loan on the Legacy West urban village at the northwest corner of Dallas North Tollway and Legacy Drive. The mixed-use development includes hundreds of apartments, retail and restaurant space and offices. It’s the heart of the entire $3 billion, 250-acre Legacy West project. MetLife’s funding allowed Legacy West’s owners to pay off construction financing for the project provided by Bank of America and JPMorgan Chase. “It’s a great feeling to be able to pay off all the construction financing and move into permanent funding,” said Legacy West developer Fehmi Karahan. For more information visit: https://www.dallasnews.com/business/real-estate/2018/04/24/planos-legacy-west-project-metlife