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A joint venture made up of Battery Global Advisors, Housing Authority of Austin, River City Capital Partners and LDG Development obtained a $55 million refinancing from Goldman Sachs on Urban East, a newly constructed 381-unit Class-A multifamily community in Austin. A JLL Capital Markets team of Kyle Spencer and Dan Kearns secured the floating rate loan. Spencer added, “This transaction not only highlights the strong investor confidence in Austin’s multifamily market but also underscores the resilience of the market despite the significant increase in new units.”