In July 2019, International Capital successfully raised $13.36M equity from domestic and international investors for the acquisition and renovation of a 248-unit Class A multifamily community named Falconhead Apartments within the Austin area. The value-add renovation is managed by SWBC Real Estate, a Texas based institutional developer, who has worked with IC in the past and has extensive value-add and development experience with multi-family projects. Units will be upgraded on par with other affordable Class A assets in the surrounding market. Falconhead Apartments is located near Lake Travis in a highly desirable and affluent area of Austin, TX.
ABOUT INTERNATIONAL CAPITAL, LLC
International Capital, LLC is a boutique real estate advisory firm with over 35 years experience representing more than 100 legal entities in its capacity as asset manager and as property manager. The company handles a portfolio of more than 20 properties in the southwestern United States. Offering a wide range of commercial real estate services, specialties include the acquisition, disposition, management and administration of commercial investment properties. Land and property development, funds conception, mezzanine financing and cash management are also integral parts of the company’s portfolio.