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Florida Company Obtains $111 Million Loan To Acquire Austin-Area Apartments

TerraCap Management Buys 608 Units Across Two Properties
The Beacon at Pfluger Farm, a 258-unit multifamily development in Pflugerville, Texas, is one of two properties acquired by TerraCap Management. (BusinessWire)
The Beacon at Pfluger Farm, a 258-unit multifamily development in Pflugerville, Texas, is one of two properties acquired by TerraCap Management. (BusinessWire)
CoStar News
February 13, 2023 | 8:32 P.M.

TerraCap Management LLC obtained loans totaling $111 million to buy two newly built apartment properties in Pflugerville, Texas, which is about a 25-minute drive north of downtown Austin.

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