Lending Portfolio
Transaction Details
The Rasha at Audubon apartments will provide 326 Class A garden style apartment units across five, three-story buildings and two, four-story buildings. The project is part of a 3,000-acre master planned community known as Audubon that is anticipated to contain over 5,000 single family homes, 630 multifamily units, and more than 700 acres of community parks, nature trails, hike and bike trails and waterfalls integrated throughout the development.
Deal Basics
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location
Magnolia, TX
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loan amount
$58.92 Million
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loan type
Construction Loan
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property type
Multifamily