Austin | The Travis ATX | 594 Feet | 52 Floors | Complete

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Construction financing secured for Austin high-rise multi-housing development

DALLAS, Feb. 9, 2022– JLL Capital Markets announced today that it secured construction financing for The Travis, a 423-unit, high-rise multi-housing community located in the Rainey Street District of downtown Austin, Texas.

JLL worked on behalf of the borrower, Genesis Real Estate Group and PGIM Real Estate, to secure a construction loan through JPMorgan Chase.

With a projected completion of the fall 2024, the 50-story tower will be Austin’s tallest single-purpose, for-rent multi-housing high-rise, redefining Austin’s skyline and providing future residents top-tier accommodations and one-of-a-kind, unobstructed views of downtown and Lady Bird Lake.