Vantage Communities And Greystone Housing Impact Investors LP Secure $103 Million Bridge Loan For Multifamily Assets
1051 Fm 1660, 7900 Mckinney Falls Parkway & 9135 Dietz-Elkhorn Road
$103,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 28, 2026
AI
This transaction involves a multifamily asset consisting of 864 units located at 1051 FM 1660, 7900 McKinney Falls Parkway, and 9135 Dietz-Elkhorn Road within the markets of Hutto, Austin, and Boerne. The loan amount secured for this asset is $103,000,000, classified as a bridge loan.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $103,000,000
- Lender: Benefit Street Partners
- Borrower: Vantage Communities & Greystone Housing Impact Investors LP
- Brokers: Bryan Grover, Drew Fletcher, Jesse Kopecky & Cameron Behr - Greystone
The deal features multiple key individuals including Bryan Grover, Drew Fletcher, Jesse Kopecky, and Cameron Behr, who represented Greystone in facilitating the transaction. Their involvement highlights the expertise brought to the financing of this multifamily development.
Players
Hutto MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93