Crestline Investors, Inc. (“Crestline”) announced today that funds managed by its Real Estate and Reinsurance teams closed a senior secured credit facility to Stillwater Capital to finance the construction of a 2-building class-A industrial project south of Austin, Texas.
“The site has strong demand drivers including its strategic location just south of Austin’s city limits and proximity to a major highway along the Austin-San Antonio corridor,” said Wes Davidson, Director at Crestline. “We are excited to partner with Stillwater, a proven Texas-based developer that is building out a key asset for capturing durable demand for industrial space in the region.”
Aaron Sherman, Founding Partner at Stillwater Capital added, “Crestline’s industry expertise and flexibility have accelerated the project in a prime area south of the city, enabling us to leverage our experience to deliver top-tier, Class-A industrial buildings for manufacturers and logistics companies in an expanding market.”
About Crestline Investors
Crestline Investors, Inc. is an alternative investment management firm founded in 1997 and based in Fort Worth, Texas, with affiliate offices in London, New York, Toronto, and Tokyo. The firm has approximately $20 billion in assets under management (as of June 30, 2024), and is specialized in private credit strategies, offering a diverse range of investment solutions across its direct lending, opportunistic, and portfolio finance platforms. For more information, visit www.crestlineinvestors.com.
About Stillwater Capital Investments
Stillwater Capital is a fully integrated, private real estate company with expertise in sourcing, underwriting, developing, acquiring and managing a vast spectrum of real estate products. The team has a broad range of experience in managing unique property types such as infill multifamily communities, mixed-use properties, build to suit properties, and high-end single-family homes. For more information, visit http://www.stillwatercap.com.
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