Victor Young Of United Properties Secures $47 Million Refinance Loan For Multifamily Asset In Austin

The property involved in this transaction is a multifamily asset located at 4341 South Congress Avenue in Austin. This asset comprises 274 units and has a total square footage of 210,720. The loan amount for the refinancing is $47,000,000.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $47,000,000
• Loan Type: Refinance
• Lender: Brian Hirsh & Jonah Sacks - Mesa West Capital
• Landlord: Victor Young - United Properties
• Broker: Chris McColpin - Newmark

This transaction features key individuals including Brian Hirsh and Jonah Sacks representing Mesa West Capital as lenders, while Victor Young represents United Properties as the landlord. Chris McColpin of Newmark acts as the broker facilitating the refinancing of this multifamily asset.