{"id":254541,"date":"2026-04-17T18:30:11","date_gmt":"2026-04-17T18:30:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/254541\/"},"modified":"2026-04-17T18:30:11","modified_gmt":"2026-04-17T18:30:11","slug":"german-bank-helaba-refis-luxury-austin-apartments-with-200m-loan-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/254541\/","title":{"rendered":"German Bank Helaba Refis Luxury Austin Apartments With $200M Loan \u2013 Commercial Observer"},"content":{"rendered":"<p>A joint venture involving <a href=\"https:\/\/commercialobserver.com\/company\/kairoi-residential\/\" title=\"Kairoi Residential\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Kairoi Residential<\/a>, <a href=\"https:\/\/commercialobserver.com\/company\/lincoln-property-company\/\" title=\"Lincoln Property Company\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Lincoln Property Company<\/a> and <a href=\"https:\/\/commercialobserver.com\/company\/divcowest\/\" title=\"DivcoWest\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">DivcoWest<\/a> has sealed a $200 million loan to refinance a new luxury multifamily asset within a mixed-use tower in Austin, Texas, Commercial Observer has learned.<\/p>\n<p>German bank Helaba provided the loan for the 2024-built Residences at 6G project developed by co-developers Kairoi and Lincoln along with DivcoWest as a limited partner. The 348-unit development occupies the top 32 floors in a 66-story tower known as Sixth and Guadalupe, which also features office and retail space.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/04\/csc-real-estate-construction-loan-residential-conversion-770-second-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">CSC Real Estate Secures $108M Construction Loan for Conversion at 770 Second Avenue<\/a><\/p>\n<p>The unit mix at Residences at 6G includes studios, one-bedroom, two-bedroom and three\u2013bedroom apartments, along with 24 penthouses. Community amenities include a fitness center, two swimming pools, a movie theatre and a sky lounge.\u00a0<\/p>\n<p>\u201cResidences at 6G represents one of the highest-quality multifamily projects in the country, delivered by an experienced and well-capitalized sponsorship team,\u201d Jason Deck, director of real estate finance at Helaba, said in a statement. \u201cThe transaction further reinforces our commitment to Austin, a market we continue to view as one of the most dynamic and resilient across the U.S.\u201d<\/p>\n<p>Deck added that Helaba is also looking to sell off a piece of the loan.\u00a0<\/p>\n<p>Located at 600 Guadalupe Street, the Gensler-designed tower was <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.kvue.com\/article\/money\/economy\/boomtown-2040\/tallest-building-in-austin-set-to-open-fall\/269-1840e8a2-22ac-4da5-b04f-d57c7bfa5ea0\">completed <\/a>in late 2023 as Austin\u2019s tallest skyscraper before it was <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.fox7austin.com\/news\/austin-now-has-tallest-building-texas\">supplanted<\/a> last year by the 74-story Waterline Tower. Facebook\u2019s parent company, Meta, initially leased the building\u2019s full office space of 589,000 square feet, but in fall 2022 decided to sublease it while re-evaluating its real estate portfolio, The Real Deal <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/therealdeal.com\/texas\/austin\/2022\/11\/02\/meta-backs-out-of-plan-to-occupy-589k-sf-in-austin\/\">reported <\/a>at the time.\u00a0<\/p>\n<p>Kairoi Residential, Lincoln Property Company and DivcoWest did not immediately return requests for comment.\u00a0<\/p>\n<p>Andrew Coen can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/04\/german-bank-helaba-austin-apartments\/mailto:acoen@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">acoen@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"A joint venture involving Kairoi Residential, Lincoln Property Company and DivcoWest has sealed a $200 million loan to&hellip;\n","protected":false},"author":2,"featured_media":254542,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133,96036],"class_list":{"0":"post-254541","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-austin","8":"tag-austin","9":"tag-austin-headlines","10":"tag-austin-news","11":"tag-jason-deck"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/254541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=254541"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/254541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/254542"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=254541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=254541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=254541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}