Commercial Observer Archives - EastVillage ATX https://eastvillageatx.com/category/commercial-observer/ A new cultural cornerstone of Austin's Upper East side. Tue, 08 Jun 2021 22:23:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.7 https://eastvillageatx.com/wp-content/uploads/2022/09/cropped-EV-logo-bug-32x32.jpg Commercial Observer Archives - EastVillage ATX https://eastvillageatx.com/category/commercial-observer/ 32 32 Madison Realty Capital Provides $279M Loan for Austin Residential Portfolio https://eastvillageatx.com/madison-realty-capital-provides-279m-loan-for-austin-residential-portfolio/ Tue, 08 Jun 2021 22:22:11 +0000 https://eastvillageatx.com/?p=7148 Madison Realty Capital (MRC) has provided a $278.5 million construction loan for a portfolio of four assets located in Austin, Texas, Commercial Observer has learned. The financing was provided to Reger Holdings, a New York-based, real estate investment and development company led by CEO Gordon Reger. The firm contributed significant cash equity in the deal.  Austin has been a…

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Madison Realty Capital (MRC) has provided a $278.5 million construction loan for a portfolio of four assets located in Austin, Texas, Commercial Observer has learned.

The financing was provided to Reger Holdings, a New York-based, real estate investment and development company led by CEO Gordon Reger. The firm contributed significant cash equity in the deal. 

Austin has been a beneficiary of increased investment both pre- and post-COVID. Now a perennial investor favorite, the city is experiencing explosive growth, supported by a diverse economy and growing tech employment from such heavyweights as Apple, Facebook and Oracle.

The portfolio comprises the EastVillage, a 425-acre, master-planned residential community in the heart of Austin’s northeast tech corridor, and The Linden Residences, a 28-story condominium building in Downtown Austin.

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