JLL Capital Markets secured loan for Urban East, a class A multi-family community in Texas
AUSTIN, Oct. 15, 2024 – JLL Capital Markets announced today that it has secured a $55 million loan for Urban East, a newly constructed, 381-unit, Class A multi-housing community in Austin, Texas.
JLL worked on behalf of the ownership team which includes Battery Global Advisors, Housing Authority of the City of Austin, River City Capital Partners and LDG Development to facilitate the floating-rate loan through Goldman Sachs Alternatives.
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