Evan Slavik Of Mark IV Capital Secures $86 Million Construction Loan For The District Development In Round Rock

The District is a development site located in Round Rock, Texas, encompassing a master-planned mixed-use project. The total project will reach nearly 4 million square feet upon full buildout, with Phase I featuring 316 luxury multifamily units and 23,042 square feet of retail space, alongside a 40,750 square foot food-and-beverage plaza.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $86,000,000
• Lender: BDT & MSD Partners & Apollo
• Landlord: Evan Slavik - Mark IV Capital
• Loan Type: Construction

Mark IV Capital secured the construction loan to fund Phase I of The District, effectively collaborating with BDT & MSD Partners, with an affiliate of Apollo participating in the financing arrangement.