Landmark Properties Recapitalizes The Standard at Austin Near the University of Texas

Austin, Texas — Landmark Properties has recapitalized The Standard at Austin, a 934-bed student housing community located at 715 W. 23rd St. near the University of Texas at Austin campus. TSB Capital Advisors secured debt for the transaction. Completed in 2021, the development offers studio through six-bedroom units. Shared amenities include a state-of-the-art fitness center, study lounges and a rooftop pool deck with a jumbotron. The property won Student Housing Business’ Innovator Award for ‘Off Campus: Best Architecture & Design with More Than 400 Beds’ in 2022. Further details on the refinancing were not provided.