Urban Standard Capital Provides Bridge Loan to Chesterfield Faring, LTD for Distressed Dallas Housing Development Takeover
Urban Standard Capital has provided a bridge loan to Chesterfield Faring, LTD to support the takeover of a distressed multifamily housing development in Dallas, Texas, according to an announcement published June 12, 2026.
Transaction Details
The debt placement involves a bridge loan structured to enable Chesterfield Faring, LTD to assume control of the distressed Dallas housing development. Urban Standard Capital served as the lender and Chesterfield Faring, LTD acted as the sponsor. Specific loan terms, including the loan amount and interest rate, were not disclosed. The property address, unit count, and square footage were also not disclosed in the announcement.
About the Parties
Urban Standard Capital is a real estate lender headquartered at 233 Broadway, Suite 1470, New York, NY. Chesterfield Faring, LTD is the borrowing sponsor on the transaction.
Sources
Urban Standard Capital. "Urban Standard Capital Lends to Chesterfield Faring, LTD to Take Over Distressed Dallas Housing Development." Published June 12, 2026. https://www.uscnyc.com/news/urban-standard-capital-lends-to-chesterfield-faring-ltd-to-take-over-distressed-dallas-housing-development