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Civitas Capital Group closes a $33.6 million senior construction loan for The Lucille, expanding its partnership with Realty Capital. The funding will support the development of a 240-unit Class A multifamily community in Fredericksburg, Texas.

Aug 07, 20262 days ago
DallasFinanceInvestment Management

Description

Civitas Capital Group has successfully closed a $33.6 million senior construction loan for The Lucille, a 240-unit Class A multifamily community in Fredericksburg, Texas. This marks the fourth financing collaboration with the Realty Capital family of companies. Realty Capital Partners is the largest equity participant in this joint venture. Civitas has established itself as a reliable debt partner in recent years.

Company Information

Company

Civitas Capital Group

Location

Dallas, Texas, United States

About

Civitas Capital Group is a private investment manager offering EB-5 investors compelling, niche opportunities in U.S. real estate. We have worked with more than 1,500 investors across 40 countries over the past 15 years, helping them make the American Dream come true for themselves and their families. Our firm is grounded in its core values and purpose to create opportunities that enrich our investors, our employees, and our communities.

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