Austin Affordable Housing Corporation Board Meeting Agenda May 2026
AAHC Authorizes $71M Berkadia Loan for Eastside
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Description
The AAHC Board is authorizing Eastside Borrower, LP to secure up to $71 million in financing from Berkadia Commercial Mortgage, LLC to acquire and operate the Bridge at Eastside multifamily development. The loan will be secured by a deed of trust and related loan documents.
Contract Details
Contract Amount
Not to exceed $71,000,000
Vendor
BERKADIA COMMERCIAL MORTGAGE LLC
Agency
Austin Housing Authority, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 17, 2026
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