Madison Realty Capital Originates $53MM Loan for Texas Multifamily Property

BY: Claudia Lechtman- AS SEEN IN THE REAL DEAL ON January 28, 2022

K&F represented their client Madison Realty Capital in their origination of a $53 million loan for the construction of a 261-unit multifamily property called The Josephine for San Antonio based developer Lynd. Located at 120 West Josephine Street outside of San Antonio’s central business district, the six-story property will feature amenities such as a yoga and spin studio, a fitness center and a rooftop pool. Composed of a mix of studios to three-bedroom units, half of the apartments will be considered affordable, in coordination with the San Antonio Housing Authority.

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