riverview apartments austin: New RiverView Apartments to be Built in Austin - 11/10/11 12:25 PM
Jones Lang LaSalle Inc.’s Capital Markets team out of Houston recently secured construction financing of $35 million to build Austin’s new RiverView Apartments.The RiverView apartments will be the first high-rise residential development in south Austin. The new apartments are set to open in 2013. The equity for the project is being provided by CDK Realty Advisors based out of Dallas, and Bank Of America will be providing a three-year loan with two, one-year loan extension options.Senior Vice President Jimmy Board of the company’s Real Estate Investment Banking unit said, “Multifamily developments are still a well sought-after opportunity as proven by the … (0 comments)

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