Reger secures nearly $279M in construction financing for downtown tower, mixed-use project

Reger Holdings LLC, a New York-based real estate developer, has secured $278.5 million in construction financing from Madison Realty Capital LP for projects in Austin. The financing is for The Linden, a condominium high-rise planned at 313 W. 17th St., and various elements within EastVillage, an ambitious mixed-use development planned for East Parmer Lane. To…

Read More

Madison Realty Capital Provides $279M Loan for Austin Residential Portfolio

Madison Realty Capital (MRC) has provided a $278.5 million construction loan for a portfolio of four assets located in Austin, Texas, Commercial Observer has learned. The financing was provided to Reger Holdings, a New York-based, real estate investment and development company led by CEO Gordon Reger. The firm contributed significant cash equity in the deal.  Austin has been a…

Read More

425-Acre Mixed-Use Development Set to Break Ground in Northeast Austin

Another new mixed-use development is set to transform northeast Austin – but it won’t be completed for a while.  EastVillage will be located on Parmer Lane across from Austin’s Samsung plant. The development’s website calls it an “anchor to the Tech Ridge corridor,” which also includes Dell, General Motors, 3M and other tech start-ups. The $1 billion project will have more than…

Read More

More Than $1B, 425-Acre EastVillage Project to Break Ground in Early June, Plus Four More Development Updates in Austin

EastVillage will transform the East Parmer Lane area across from Samsung by the time it is finished in 2028, adding thousands of homes, three hotels, a grocery store space and more. Elsewhere, a 400,000-square-foot office project near the University of Texas reached its completion, and a future medical office development topped out in North Central…

Read More

Changing Austin: 5 Major Developments That Will Open by 2040

Notice cranes in the Austin skyline or fenced-off city blocks with deep holes in the ground? The constant construction is building the Austin of tomorrow, including five major mixed-use developments that span the South shore of Lady Bird Lake to the northeast tech corridor and are due to be completed over the next two decades.…

Read More