Knighthead Funding LLC Provides $59.5M Loan For Mixed-use Property On Aldrich Street In Austin

The mixed-use property located at 1808 Aldrich Street in Austin has been involved in a recent closed transaction. The asset, owned by Pearlstone Partners & ATCO, attracted attention from both lenders and tenants due to its prime location in the Austin market.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $59,500,000
• Lender: Knighthead Funding LLC - Jonathan Daniel

Knighthead Funding LLC, represented by Jonathan Daniel, provided a loan of $59,500,000 for the acquisition of the mixed-use property at 1808 Aldrich Street. This financing helped facilitate the successful completion of the transaction. The involvement of Knighthead Funding LLC, a prominent lending institution, underscores the attractiveness and potential of the property.