Bellwether Enterprise Provides $56M Freddie Mac Acquisition Loan for South Austin Apartments

by Taylor Williams

AUSTIN, TEXAS — Bellwether Enterprise Real Estate Capital LLC has provided a $56 million Freddie Mac loan for the acquisition of Bridge at Asher Apartments, a 452-unit community in south Austin. The property is situated on 50 acres at 10505 South Interstate Highway 35 and features amenities such as two pools, a fitness center, game lounge and an outdoor fire pit. Approximately 51 percent of the units are reserved for renters earning 80 percent or less of the area median income. Kevin Bowen of Bellwether originated the loan on behalf of the undisclosed borrower.

You may also like