TriGate Capital Provides Mezzanine Loan for Dallas-Fort Worth Multifamily Refinance

DALLAS, TEXAS – September 3, 2025 – TriGate Capital, a real estate investment manager focused on value-driven opportunities, has completed a $22 million mezzanine loan to refinance Edge at Glade Parks, a 417-unit Class A multifamily community located in Euless, Texas. The loan was made through TriGate Income Partners.

Originally built in 2013, Edge at Glade Parks offers oversized floor plans and luxury finishes, complemented by community amenities such as two resort-style pools, fitness centers, clubhouses, and private garages. The property is located adjacent to Colleyville in the Grapevine-Colleyville Independent School District and benefits from strong connectivity across the Dallas–Fort Worth metroplex.

TriGate pursued the investment based on the attractive basis, stabilized operations, and favorable submarket fundamentals, including limited new supply and consistently high occupancy. The mezzanine loan was structured to reduce current debt costs and preserve investor equity while positioning the property for continued income growth.

“We are pleased to partner with The Busboom Group to support the recapitalization of Edge at Glade Parks,” said Matt Rooney, Managing Director at TriGate Capital. “This transaction reflects TriGate’s ability to provide structured capital solutions behind complex ownership structures and reinforces our commitment to well-located, income-generating multifamily assets.”

For more information about TriGate Capital and its investment strategies, visit www.trigatecapital.com.

About TriGate Capital

TriGate Capital, LLC (TriGate) is a leading real estate investment manager focused on the recapitalization and repositioning of real estate assets and companies. TriGate is based in Dallas, TX and has completed investments throughout the United States. TriGate’s team has been responsible for acquiring over $2.6 billion of real estate assets through multiple types of transaction structures. The Company’s professionals have significant expertise in real estate operations, debt restructuring, and asset and company recapitalization.