The senior housing property located at 167 Hargraves Drive in Austin, consisting of 150 units, recently underwent a refinancing process with a senior loan worth $35,200,000. The loan was obtained by Wilson Capital to refinance Jovie Belterra, an age-restricted multifamily community near Downtown Austin. $21.1 million of the loan was provided by Southern Realty Trust, while the remaining $14.1 million was syndicated to an unnamed affiliate lender in response to the high demand for age-restricted housing in the area.

Summary of transaction details:

• Property Type: Senior Housing
• Transaction Amount: $35,200,000
• Address: 167 Hargraves Drive
• Market: Austin
• Lender: Brian Sedrish - Southern Realty Trust
• Landlord: Taylor Wilson - Wilson Capital
• Loan Amount: $35,200,000

Brian Sedrish from Southern Realty Trust served as the lender for the $21.1 million portion of the senior loan that was secured for the refinancing of the 150-unit age-restricted multifamily community. Meanwhile, Taylor Wilson of Wilson Capital acted as the landlord in this transaction, emphasizing the collaboration between key individuals and companies to facilitate the refinancing process successfully.