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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.

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

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