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500s North Interstate 35

Beau Williams Of ThirtyFourth Capital Secures $28.83M Refinance Loan For JMI Realty In Austin
FINANCEDHotel

Beau Williams Of ThirtyFourth Capital Secures $28.83M Refinance Loan For JMI Realty In Austin

500s North Interstate 35

$28,830,000

Building Size

Asset Type

Hotel

Closing

Jun 18, 2026

AI

The property asset involved in the transaction is located at 500s North Interstate 35 in Austin. This transaction involved an acquisition financing loan amounting to $28,830,000, categorized as refinance with loan terms set for 5 years.

Summary of transaction details:

  • Property Type: Acquisition Financing
  • Transaction Amount: $28,830,000
  • Address: 500s North Interstate 35
  • Market: Austin
  • Landlord: JMI Realty
  • Originator: Beau Williams - ThirtyFourth Capital
  • Keys: 254
  • Loan Type: Refinance
  • Loan Terms: 5

Key individuals involved in this transaction include Beau Williams, who served as the originator from ThirtyFourth Capital. JMI Realty acted as the landlord in this deal, coordinating the transaction with the financing arrangements.

Players

Beau Williams

ThirtyFourth Capital

Originator

$466.4M

vol

7 deals

Originator

Austin Hotel Market Snapshot

Boundary boundary · Hotel · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.55%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93