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1051 Fm 1660

Vantage Communities And Greystone Housing Impact Investors LP Secure $103 Million Bridge Loan For Multifamily Assets
FINANCEDMultiFamily

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:

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

Bryan Grover

Greystone

Broker

$6.2B

vol

37 deals

Broker
Benefit Street Partners Realty
Benefit Street Partners RealtyLender

Hutto MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

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