SAN ANTONIO, TX – JLL Capital Markets announced today that it has closed the $32.125M construction financing for the development of The Virginia, a 198-unit market-rate multi-housing project located in Seguin, Texas.
JLL represented the borrower, Periscope Capital Investment and Verdot Capital, to secure the 15-year, floating-rate loan through a regional bank.
With an anticipated completion in 2024, the three-story project will offer one-, two- and three-bedroom units, averaging 892.
The newest addition to the City of Seguin officially opens next week, but KSAT got a sneak peek Friday of the Walnut Springs Hike and Bike trail extension before it officially opens to the public on Tuesday.
$32 125 million financing secured for multi-housing development outside of San Antonio – REJournals rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.