Austin, Texas — FourPoint Capital Markets has arranged construction financing for The Point North, a 76-bed student housing development located near the University of Texas at Austin. Craig Miller of FourPoint arranged the loan on behalf of Focal Point Development through an undisclosed specialty lender. The community will offer units with fully furnished bedrooms and shared amenities including an outdoor courtyard, a fitness studio and two study lounges. The project is scheduled for completion in summer 2021.
FourPoint Capital Markets Arranges Construction Financing for 76-Bed Project Near the University of Texas at Austin