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The Triangle The Triangle is in Austin, which is in its 12th consecutive quarter of positive net absorption.

AUSTIN, TX—The Triangle, a mixed-use multifamily and retail complex, features 529 units. In addition, there are more than 35 on-site retailers, a city park, three pools with hot tubs, a 24-hour fitness zone, theater room and resident lounge located at 4600 West Guadalupe St.

A $78 million seven-year floating-rate refinance loan with a three-year interest-only feature was recently facilitated for the property by CBRE’s Brian Eisendrath, Brandon Smith and Annie Rice. The team represented the owner, Houston-based residential investor and developer, The Dinerstein Companies, which purchased the property in 2017. There were complicated negotiations with the state and the lender throughout the transaction, according to CBRE.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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