JLL has arranged a construction loan of an undisclosed amount for Far West Apartments, a 321-unit multifamily project in northwest Austin.
The site is located within the Northwest Hills submarket. The development will have one-, two- and three-bedroom units with an average size of 800 square feet. Amenities will include a pool, a fitness center, a clubhouse, a pet spa, and a conference room. Completion is slated for spring 2027.
Doug Opalka, C.W. Sheehan, and Samantha Jay of JLL arranged the 10-year, floating-rate loan through Poppy Bank on behalf of the borrower, Central Southwest Texas Development.
