JLL announced that it has arranged the refinancing for Farm Haus, a 142-unit, single-family, gated built-to-rent community located in San Antonio, Texas.
JLL worked on behalf of the borrower, AHV Communities, to secure the four-year, fixed-rate loan through a life insurance company.
Situated at 8150 W. Hausman Road, the community sits in the coveted Northwest San Antonio market. The property is minutes from Loop 1604 and San Antonio’s medical center, and residents are also just three miles from The University of Texas at San Antonio. Additionally, the location provides easy access to SeaWorld, Fiesta Texas, La Cantera Shopping Center and Historic Downtown San Antonio.
The JLL Capital Markets Debt Advisory team was led by Managing Director Matthew Putterman and Analyst John David Johnson.
AHV’s Founder and CEO, Mark Wolf, stated, “In a very difficult and challenged lending market as well as operating market, Matthew and John David were exceptionally diligent in bringing the market to us and ultimately a successful closing.”
“We are grateful for the opportunity to work with Mark and the AHV team on the financing of a premier, highly amenitized Built-For-Rent community,” said Putterman.
