Madison Realty Capital Provides $278.5M Construction Loan For Austin Mixed-Use & Condo Portfolio

Madison Realty Capital has provided a construction loan worth $278,500,000 for four assets located in Austin, Texas. The portfolio includes the EastVillage, a 425-acre master-planned residential community with plans to develop 1,264 multifamily residential units, and The Linden Residences, a 117-unit condominium building.

Summary of transaction details:

• Property Type: Mixed-Use & Condo
• Transaction Amount: $278,500,000
• Address: EastVillage & The Linden Residences, Austin, Texas
• Market: Austin, Texas
• Lender: Madison Realty Capital
• Landlord: Reger Holdings

The loan provided by Madison Realty Capital will support the development and construction of these assets in Austin. This financing demonstrates the confidence of the lender in the growth prospects of both the EastVillage residential community and The Linden Residences condominium building.