Class A condo project gets fundingClass A condo project gets fundinghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=155882017-01-17T06:00:00Z2017-01-17T16:00:00Z

​​​​AUSTIN –​​​ Sackman Enterprises Inc. and its partner, Starryland USA Corp., ​are developing 70 Rainey, a 34-story, Class A condominium project downtown.

HFF arranged​ $106 million in financing for the development. The construction loan is with ACORE Capital LP.

Due for completion in 2018, the LEED Gold-registered project will include 173 homes averaging 1,393 sf. 

The property will also have an amenity deck with 10,000 sf of indoor space and 20,000 sf of outdoor space.

Austin-Round Rock
http://www.globest.com/sites/lisabrown/2017/01/10/3267/?channel=markets&section=austinRead more at {Source}

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