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Knighthead Funding LLC Provides $59.5M Loan For Mixed-use Property On Aldrich Street In Austin

1808 Aldrich Street
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This Mixed-use property located in TX received a loan of $59,500,000 over 2 years ago.

The mixed-use property located at 1808 Aldrich Street in Austin has been involved in a recent closed transaction. The asset, owned by Pearlstone Partners & ATCO, attracted attention from both lenders and tenants due to its prime location in the Austin market.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $59,500,000
  • Lender: Knighthead Funding LLC - Jonathan Daniel

Knighthead Funding LLC, represented by Jonathan Daniel, provided a loan of $59,500,000 for the acquisition of the mixed-use property at 1808 Aldrich Street. This financing helped facilitate the successful completion of the transaction. The involvement of Knighthead Funding LLC, a prominent lending institution, underscores the attractiveness and potential of the property.

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  • Location
    1808 Aldrich Street, Austin, TX 78723, USA1808 Aldrich Street, Austin, TX 78723, USA
  • Loan Value
    $59,500,000$59,500,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Lender1 Lender

Knighthead Funding

Knighthead Funding

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Volume$ 11.2B

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Deal Summary

LOAN IMAGE: Robert Lee DATE: 09/13/2021 ADDRESS: 1808 Aldrich Street MARKET: Austin ASSET TYPE: Mixed-use LENDER: Knighthead Funding LLC - Jonathan Daniel LANDLORD: Pearlstone Partners & ATCO LOAN AMOUNT: $59,500,000

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