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JLL Capital Markets Group Secures $32.125 Million in Construction Financing for 198-Unit Multifamily Development in Seguin, Texas

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. ....

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Periscope, Verdot Capital Land Financing for Texas Asset

Periscope Capital Investment and Verdot Capital have secured $32.1 million in construction financing for a 198-unit community in Seguin, Texas. ....

United States , San Antonio , Jeff Lepley , Alanna Ellis , Alex Sheaffer , Nord Group , Capital Investment , Verdot Capital , Amenities That Will Bring , Debt Advisory , Periscope Capital Investment , Director Alanna Ellis , Managing Director Jeff Lepley , Associate Alex ,

$32.125 million financing secured for multi-housing development outside of San Antonio – REJournals

$32.125 million financing secured for multi-housing development outside of San Antonio – REJournals
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