Genesis Real Estate Group and PGIM Real Estate have secured construction financing for The Travis, a 423-unit, high-rise apartment community located in the Rainey Street District of downtown Austin.
JLL Capital Markets worked on behalf of the borrower.
With a projected completion in fall 2024, the 50-story tower will be Austin’s tallest single-purpose, for-rent multifamily high-rise, redefining Austin’s skyline and providing future residents top-tier accommodations and one-of-a-kind, unobstructed views of downtown and Lady Bird Lake. The development will exhibit luxury in every design choice and provide market-leading interior finishes and amenity packages. In addition to luxury residences characterized by technology-enabled living spaces, thoughtfully designed modern interiors and more than one acre of interactive community amenities, the property will offer a distinct connectivity to the more than 14,000 acres of public parks and hike/bike trails found within th
