Empire Obtains $47.4M Loan for New Braunfels BTR Community

ConnectCRE | Jun 04 2024

Tower Capital arranged $47.4 million in non-recourse construction financing for Village at Mayfair, a 217-unit Build-to-Rent (BTR) community in New Braunfels. Empire Group of Companies (Empire Group) is developing the BTR community, which will be built by Legacy MCS. The project will be situated on nearly 20 acres within the 1,900-acre Mayfair master-planned community, which is located roughly 35 miles north of San Antonio and 40 miles south of Austin.

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Yield PRO| Jun 04 2024
Tower Capital Arranges $47 Million in Construction Financing for 217-Home BTR Community Village at Mayfair in Texas
ConnectCRE| Jun 04 2024
Empire Obtains $47.4M Loan for New Braunfels BTR Community
The Herald Zeitung| Jun 04 2024
Arizona developer to build 217 rental homes at New Braunfels' Mayfair
Multi-Housing News| Jun 05 2024
Empire Group Lands $47M for San Antonio BTR Project
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