48 East Avenue

48 East Avenue

$87,900,000 Construction Loan

249-Unit Condominium Development

Rainey District, Austin, TX

Highland arranged the $87.9MM non-recourse construction loan for the 30-story, Austin condo project with a private balance-sheet lender focused on creating long-term relationships by originating, servicing and asset managing long- and short-term fixed-rate commercial real estate loans through maturity. In addition to arranging the financing, Highland was involved in sourcing a development partner to venture on the $120mm project.

Skip to content