MSD Partners Provides $130M Construction Loan For Austin Condo Development
84 East Avenue
4,720 SF
Financed 1 year ago
Summary
Pearlstone Partners and ATCO Properties & Management have secured a construction loan of $130,000,000 for a condominium development in Austin. The property, located at 84 E. Ave, consists of 284 units.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $130,000,000
- Units: 284
- Market: Austin
The loan for the development was provided by MSD Partners, with Gregg Lemkau representing the lender. Pearlstone Partners and ATCO Properties & Management acted as the landlords in the deal.
Details
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84 East Avenue
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