Benefit Street Provides $105M Bridge Loan For 777-unit Multifamily In Round Rock

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.