Lincoln Property Company And Austin Capital Partners Secure $870 Million Loan For Four Seasons Private Residences Lake Austin
6507 Bridge Point Parkway
$870,000,000
Building Size
—
Asset Type
Development Site
Closing
Jun 2, 2026
AI
The asset involved in this transaction is a 210-acre development site located at 6507 Bridge Point Parkway in Austin, TX. It is designated for the construction of Four Seasons Private Residences Lake Austin, an ultra-luxury residential resort overlooking Lake Austin. The site is approximately 20 minutes from downtown Austin and will feature private residences, villas, marina access, and resort-style amenities.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $870,000,000
- Lender: Adi Chugh - TYKO Capital
- Landlord: David Binswanger & Clay Duvall - Lincoln Property Company; Jonathan Coon - Austin Capital Partners
- Brokers: Adelaide Real Estate, Cobalt Equities & JLL
- Loan Type: Construction
Adi Chugh from TYKO Capital provided the construction loan for the project, while David Binswanger and Clay Duvall represent Lincoln Property Company, and Jonathan Coon represents Austin Capital Partners. This collaboration marks a significant step as the project transitions from planning to full-scale construction.
Players
Point Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.02%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93