 |
| Alanna Ellis |
SEATTLE, WA – JLL Capital Markets has closed the $32.125 million construction financing for the development of The Virginia, a 198-unit market-rate multi-housing project located in Seguin, Texas.
 |
| The Virginia, 3501 North Austin Street, Seguin, TX |
The JLL Capital Markets Debt Advisory team was led by Director Alanna Ellis, Managing Director Jeff Lepley and Associate Alex Sheaffer.
With an anticipated completion
in 2024, the three-story project will offer one-, two- and three-bedroom units,
averaging 892 square feet.
 |
| Jeff Lepley |
Community amenities will include a best-in-class fitness center, sauna, yoga room and swimming pool, as well as a a recreational patio, a business center, barbeque areas, dog parks and more.
A second phase of this project
will be delivered in 2025, which will bring the total market-rate units to 424.
Located at 3501 N. Austin St., The Virginia is
located thirty minutes east of San Antonio and about an hour south of Austin.
The site also features direct access to Interstate 10, which is a direct
transportation artery into Downtown San Antonio.
 |
| Alex Sheaffer |
Nearby attractions include ZDT’s Amusement Park,
The Seguin-Guadalupe Heritage Museum, Walnut Springs Park and Max Starcke Park
and Golf Course.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.
The firm has more than
3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on
JLL, please visit our newsroom.
Contacts:
Jenna Sharp
JLL, Public Relations
Dallas, Texas
M +1 214 394 3356
No comments:
Post a Comment