Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Austin + Austin  |  August 29, 2023
KeyBank arranges financing for Georgetown apartment refi
Mike Boyd
By: Mike Boyd

KeyBank Arranges Refi for Georgetown Affordable Housing Community

KeyBank Real Estate Capital arranged a $32.3 million fixed-rate Fannie Mae loan to refinance existing debt for a class-A multifamily property in Georgetown. 

Williamson at The Overlook is a 270-unit garden-style apartment complex built in 2019 will full amenities including a pool with cabanas and grill area, 24-hour fitness studio, cyber-cafe and a clubroom and entertaining kitchen and garages.

Proceeds will be used to refinance existing debt for the sponsor, RSE Capital Partners, for a property that is 97.8% mission driven at or below 80% AMI.

RSE Capital Partners is an affiliate of Fundrise, and focuses on origination, underwriting, investment, and management for the company’s eREIT platform. RSE collaborates with top brokers and real estate firms nationwide, focusing on institutional-level assets, primarily multifamily acquisitions, multifamily development, and infill bridge lending.


Timothy DeWispelaere and Eric Jones of KeyBank Real Estate Capital arranged the financing.

Connect

Inside The Story

Timothy DeWispelaere

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
Order Reprints
  • ◦Financing
New call-to-action
New call-to-action