Cottonwood Group, a private equity real estate investment firm, announced the closing of a $105 million senior construction loan for a 223,500-square-foot life sciences project within EastVillage, a 425-acre mixed-use community in northeast Austin. Reger Holdings and Tarlton Properties, a life sciences developer and operator based in the San Francisco Bay Area, are partnering to deliver the facility.
“Cottonwood has spent considerable time evaluating life sciences opportunities, and we remain highly selective about where we deploy capital,” said Mark Green, CIO at Cottonwood. “After studying the space over an extended period and reviewing multiple transactions, this project stood out. It combines an essential facility for BillionToOne, experienced development partners in Reger and Tarlton, and an Austin market we know well with durable demand. It reflects the breadth of our platform and our focus on delivering capital aligned with sponsors’ financing needs and tenant