JLL’s Capital Markets has secured an $870 million senior loan for Four Seasons Private Residences Lake Austin, an ultra-luxury residential development in Austin.
JLL, alongside co-advisors Cobalt Equities and Adelaide Real Estate, represented the developers, Austin Capital Partners and Lincoln Property Co., in arranging the loans through TYKO Capital, an affiliate of Elliott Investment Management.
Four Seasons Private Residences Lake Austin, located at 6509 Bridgepoint Parkway, sits on a 210-acre assemblage with nearly a mile of shoreline frontage and offers unobstructed panoramic views of the lake, Hill Country and Austin skyline. Elevated 380 feet above Lake Austin, the development features a private lakefront clubhouse and includes two private marina. The project is positioned directly across from Austin Country Club and represents one of the last undeveloped tracts on Lake Austin.
Austin continues to be one of the fastest growing metros in the nation and