The Cushman & Wakefield Equity, Debt, & Structured Finance group is pleased to present the exclusive financing opportunity for the condo conversion of 1101 Clayton Lane, 1105 Clayton Lane and 1200 East 52nd Street in Austin, TX. The three properties consist of 118 units of previously multi-family product that is in the currently in the process of being converted into for-sale condominiums by Duke Capital Management. The borrower has completed most of the exterior work at the properties and is looking for to refinance the current lender to complete the remaining interior renovations. The borrower has already sold one unit and has two others under contract which support our assumptions for the remaining sales. This opportunity represents the rare chance to lend on a financially sound condo conversion with an experienced local sponsor targeting an attainable price point within one of Austin’s most dynamic submarkets.