Synergistic Lending with Two Other Lenders
A List Partners participated with the two funds managed by Pride of Austin Capital Partners to close on a loan for a construction project located at 2310 South 3rd Street in Austin, Texas. The borrower has contracted Pride of Austin Homes to be the builder. They will be building a duplex (twin condo) on that property. The exit strategy is to sell the units after completion to owner occupants.