$14,500,000
Construction Loan
167-Bed Student Housing Development
Austin, TX
HRC arranged a 90% LTC, $14,500,000 construction loan for University of Texas student housing. The project, located at 2502 Nueces, two blocks from campus, is being developed by Austin based Lincoln Ventures. This will be Lincoln Ventures’ largest development to date and currently handles 3,000 student leases annually at UT thru its management company, Fairway Properties.”