GVA, Decisive Ventures Receive Financing for Multifamily Property in Georgetown, Texas

by Taylor Williams

GEORGETOWN, TEXAS — GVA LLC and Decisive Ventures LLC, two Austin area-based investment firms and joint venture partners, have received acquisition financing for Apple Creek, a 176-unit apartment community in Georgetown, a northern suburb of Austin. Amenities of the 10-building property, which is situated on a 10.5-acre tract at 302 Apple Drive near Interstate 35, include a pool, playground, basketball court and a dog park. HFF arranged the seven-year loan, which has a floating interest rate starting at 3.31 percent, through Freddie Mac on behalf of the joint venture.

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