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Knighthead Lends $75M on Austin Condo Project
February 21, 2023 at 6:00:00 PM
Pearlstone Partners has sealed $75 million of construction financing to build a condominium building in Austin, Texas, Commercial Observer can first report.Knighthead Funding supplied the loan for Pearlstone Partners’ planned 182-unit condo project in Austin’s South Lamar neighborhood — slated for completion in the second half of 2024. The transaction marks Knighthead’s fifth for Pearlstone since 2020.
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