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Z Modular Receives $62.3M Bridge Loan for San Marcos Multifamily Property
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Z Modular Receives $62.3M Bridge Loan for San Marcos Multifamily Property
SAN MARCOS, TEXAS — Z Modular has received a $62.3 million bridge loan for the refinancing of Flatz 512, a 384-unit multifamily property located roughly midway between Austin and San Antonio in San Marcos. A partnership between New York-based Castle Lanterra and global investment management firm InterVest Capital Partners provided the loan. The newly constructed property offers studio, one-, two- and three-bedroom units. Amenities include a pool…
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