Jason Langer Secures Construction Loan On 341-Unit Austin Multifamily Property

The property located at 7401 Sun Chase Parkway in Austin is a multifamily asset comprising 341 units with a total square footage of 315,628. The loan for this property was facilitated by Jason Langer from Harper Capital, amounting to $47,305,800. The loan type secured for this transaction is a Construction Loan under HUD 221(d)(4) terms.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $47,305,800
• Units: 341
• Square Footage: 315,628
• Address: 7401 Sun Chase Parkway
• Market: Austin
• Lender: Jason Langer - Harper Capital
• Loan Type: Construction Loan
• Loan Terms: HUD 221(d)(4)

Jason Langer, representing Harper Capital, played a pivotal role as the lender in facilitating the $47,305,800 construction loan for the multifamily property located at 7401 Sun Chase Parkway in Austin. This transaction highlights the strategic financial partnership between the borrower and the lending institution, underscoring the collaborative efforts involved in securing funding for real estate development projects.