Exterior view of a Texas apartment community featuring brick buildings, covered balconies, landscaped lawns, walkways, and parking.
Loan Amount
$101,000,000
Financing Type
Total Capitalization
Property Type
Multifamily
Portfolio - TX

Bridge Debt + LP Equity

Elowen Capital sourced and structured $101,000,000 in total capitalization for the acquisition of a 20-property, 1,576-unit multifamily portfolio spanning 13 cities across Texas, marking the firm’s largest transaction to date. The capital stack combined $94.2 million in senior and stretch senior bridge debt from two independent lenders with $6.7 million in limited partner equity.