In 2021, ACRE provided $57,825,000 of bridge financing on this newly built, Class-A multifamily property in Austin, TX. The loan was fully funded at close and used to acquire the Property from the developer. Citizen House Decker is located in the city of Austin, one of the fastest growing cities in the United States and is located approximately four miles from Tesla’s $1.1 billion gigafactory. The Property features an array of high-end amenities such as a resort-style pool area, coworking space, dog park with night lighting, and EV charging stations.
- Austin, TX
- 342 units