Austin Apartment Investor Snags $47M Refi

United Properties has secured a $47 million refinancing loan for a recently completed 274-unit multifamily community in Austin, Texas. Mesa West Capital provided the funding. Multihousing News reports the note replaces a four-year, $56 million construction loan originated in April 2022 by Old National Bank. Located on 2.37 acres at 4341 S. Congress Ave., Bishop Momo...