MML, Riverside score $193M construction loan for Sixth & Blanco; Ultra-luxury condo-hotel-retail project

MML Hospitality and Riverside Resources have landed a $193 million construction loan for Sixth&Blanco, an ultra-luxury condo project in Austin’s Clarksville neighborhood. The fresh funding comes from Arkansas-based Arvest Bank, with participation from Prosperity Bank and Southside Bank. Construction started Thursday, with plans to deliver the first units by the second quarter of 2027.

MML Hospitality
Larry McGuire | Partner/CEO

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