Berkadia Arranges Recapitalization of 259-Unit Apartment Complex in Metro Austin
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Berkadia Arranges Recapitalization of 259-Unit Apartment Complex in Metro Austin
LEANDER, TEXAS — Berkadia has arranged the recapitalization of The Conley, a 259-unit apartment complex located in the northern Austin suburb of Leander. The recapitalization includes debt from LaSalle Investment Management and a preferred equity investment from an undisclosed, Los Angeles-based capital provider. Built in 2020, The Conley offers one-, two- and three-bedroom units and amenities such as a pool, fitness center, resident lounge with…
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