Old Three Hundred Capital & ArrowMark Partners Secures $27.1M Loan On Austin Multifamily Property | 2302 E. William Cannon Drive | Prime Finance | Jackson Finch, Andrew Cohen, Chris McColpin, Rob Hinckley, Marko Kazanjian | MultiFamily | Loan

Summary

Loan

TEXAS

MultiFamily

230,000 sqft

The multifamily property located at 2302 E. William Cannon Drive in Austin was recently involved in a closed transaction. The property spans over 230,000 square feet and consists of 230 units. The deal took place on October 19, 2020.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $27,100,000
Address: 2302 E. William Cannon Drive, Austin
Market: Austin
Loan: Prime Finance

The borrower in this transaction was Old Three Hundred Capital and ArrowMark Partners. The loan amount secured for this deal was $27,100,000. The brokers involved in this transaction were Marko Kazanjian, Chris McColpin, Rob Hinckley, Jackson Finch, and Andrew Cohen from JLL, as well as Rob Brown and Nathan Rillstone from ArrowMark Partners.

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Players

All
7

Agents
5
Agencies
1
Lenders
1

Jackson Finch

Debt and Equity Placement

Andrew Cohen

Associate

$44.8M Sold

Chris McColpin

Senior Director, Capital Markets

$5.2B Sold

$157.4M Sold

Details

Deal Summary

FINANCED

IMAGE: Marko Kazanjian, Chris McColpin, Rob Hinckley, Jackson Finch, & Andrew Cohen DATE: 10/19/2020 ADDRESS: 2302 E. William Cannon Drive MARKET: Austin ASSET TYPE: Multifamily SF: 230,000 UNITS: 230 BORROWER: Old Three Hundred Capital & ArrowMark Partners LENDER: Prime Finance BROKERS: Marko Kazanjian, Chris McColpin, Rob Hinckley, Jackson Finch, & Andrew Cohen - JLL, Rob Brown & Nathan Rillstone - ArrowMark Partners LOAN AMOUNT: $27,100,000

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Address2302 E. William Cannon Drive

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