FINANCED
Benefit Street Provides $105M Bridge Loan For 777-unit Multifamily In Round Rock
2800 La Frontera Boulevard
MultiFamily
718,000 SF
718,000 SF
Financed 68 days ago
Summary
Loan
TEXAS
MultiFamily
718,000 sqft
The multifamily property located at 2800 La Frontera Boulevard in Round Rock has a total of 777 units spanning 718,000 square feet. The property was part of a recent transaction involving a bridge loan.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $105,000,000
- Lender: Benefit Street
- Landlord: LYND
- Brokers: Ari Schwartzbard, Henry Stimler, William Weber, Clifford Welden, Ricky Warner, & Preston Podell - Newmark
The individuals and companies involved in this transaction include various key figures. The loan was facilitated by Benefit Street, and LYND acted as the landlord in this deal. The brokers representing the transaction were Ari Schwartzbard, Henry Stimler, William Weber, Clifford Welden, Ricky Warner, and Preston Podell from Newmark.
Players
All
8
Agents
6
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Ari Schwartzbard, William Weber, Henry Stimler, Clifford Welden, Ricky Warner & Preston Podell
DATE: 02/23/2024
ADDRESS: 2800 La Frontera Boulevard
MARKET: Round Rock
ASSET TYPE: Multifamily ~ UNITS: 777 ~ SF: 718,000
LENDER: Benefit Street
LANDLORD: LYND
BROKERS: Ari Schwartzbard, Henry Stimler (@HenryStimler), William Weber, Clifford Welden, Ricky Warner (@Rickywarner1) & Preston Podell - Newmark (@Newmark)
LOAN AMOUNT: $105,000,000
LOAN TYPE: Bridge LoanView on map
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Address2800 La Frontera Boulevard
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