Forman Capital Provides $28.2M Lot Development Loan for a 253-Acre Mixed-Use Project Near Austin Texas

Forman Capital Closes $28.2M Loan for The Highlands Mixed-Use Development Near Austin

Forman Capital closed a $28.2 million construction loan for The Highlands, a mixed-use townhome rental development near Austin, Texas, officials said Tuesday. The single-source loan will fund ground-up construction, aligning with Forman Capital’s focus on short-term bridge financing for residential projects in growth markets. The $28.2 million loan, structured as a single-source construction facility, will finance ground-up development of The Hi…

Forman Capital Provides $28.2M Lot Development Loan for a 253-Acre Mixed-Use Project Near Austin Texas

Forman Capital, a leading private direct commercial real estate lender, has closed a $28,204,026 lot development loan for The Highlands, a planned 253-acre mixed-use community located along Manzano Mile at FM 1431 in Marble Falls, Texas, located on the edge of the broader Austin MSA. The borrower and developer is Rockspring, a Texas-based real estate […] The post Forman Capital Provides $28.2M Lot Development Loan for a 253-Acre Mixed-Use Projec…