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Live-Work, South Austin - CMBS Maturing Construction Loan
Project type
Maturing Construction Loan Refinance
Date
June 2024
Location
Austin, TX
Vinohrady Ventures recently consulted an Austin-TX based developer on refinancing out of their maturing construction loan into a 5-year fixed loan for Artisan Cove, a new 19-unit Live Work Community in South Austin. Total Proceeds: $7.25MM (64% LTV)
Artisan Cove has been thoughtfully designed for the entrepreneur, artisan and artist who require a high quality, climate-controlled workspace on the ground floor - together with a premium living space above.
The property is located at 2115 Frate Barker Road.
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