New York Life Originates $30.2M Loan for 288-Unit Apartment Complex in Austin

AUSTIN, TEXAS — New York Life Real Estate Investors has originated a $30.2 million mortgage loan for Fox Hill Apartments, a 288-unit, Class A apartment complex located at 8800 U.S. Highway 290 in Austin. Brian Eisendrath and Annie Rice of CBRE arranged the five-year, fixed-rate loan on behalf of The Praedium Group, a New-York based investment firm.