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Larkspur Liberty Hill

Larkspur Project Exemplifies How Boots-on-the-Ground Research Can Make or Break

A $33.3 million equity investment was undertaken by Trez Capital in partnership with Thompson Realty Capital LLC for the development of a garden-style multifamily project in Austin. The project has a total development cost of $100 million, a key addition to the company’s development fund, the Trez Capital Private Real Estate Fund Trust.

The Larkspur project is located in the Liberty Hill and Leander extraterritorial jurisdiction on the north side of Leander, one of north Austin’s fastest-growing suburbs. This project is an example of Trez Capital’s joint-venture partnership program which provides experienced developers with equity financing for value-add and ground-up developments in key markets with strong population, employment and GDP growth.

The Larkspur project marks the seventh joint-venture project with Trez Capital and Thompson Realty Capital.

“In areas such as Austin, Trez Capital targets investments in the multifamily, single-family-for-rent, industrial and storage asset classes,” said John D. Hutchinson, global head of origination, Trez Capital. “The Larkspur project is a prime example of how boots-on-the-ground research and our investment thesis can provide strong returns over the long term.”

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John Hutchinson

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

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