Dallas, TX — Crestline Investors, Inc. (“Crestline”) is pleased to announce the closing of a first lien loan to support the lease-up of The Adelphi, a newly renovated 214-unit multifamily property located in Dallas’s vibrant and rapidly evolving Design District.
Following significant improvements, including renovated interior units, revitalized amenity spaces, and enhanced curb appeal, the project is approaching full leasing capacity. The property introduces high-quality residential options to one of Dallas’s fastest-growing neighborhoods, which continues to attract both new residents and dynamic retail and entertainment concepts.
“We’re excited to support the lease-up momentum Adelphi has experienced following its transformation into an upscale living experience. Bridgeview’s thoughtful repositioning of the property in this highly active Dallas submarket underscores the value of seasoned local sponsorship and operational experience,” stated Seb Trujillo, Vice President at Crestline.
“Crestline’s ability to move quickly and deliver a tailored bridge financing solution was critical in positioning the property to capture its leasing momentum and advance toward full stabilization,” added Aubrey Ennis, Managing Director at Bridgeview Real Estate.
About Bridgeview Real Estate
Bridgeview Real Estate is a privately held owner, developer and operator of commercial real estate in Texas with a primary focus on multifamily, office and mixed-use properties. For more information, visit www.bridgeviewre.com.
About Crestline Investors, Inc.
Crestline Investors, Inc. is an alternative investment management firm founded in 1997 and based in Fort Worth, Texas, with affiliate offices in London, New York, Tokyo, and Toronto. The firm has approximately $17 billion of credit assets under management (as of March 31, 2025) including its direct lending, opportunistic, and portfolio finance platforms. For more information, visit www.crestlineinvestors.com.
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