JLL Arranges Loan for Refinancing of Industrial Complex in San Marcos, Texas
Why this matters
Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. Austin is working through a multi-year supply digestion in both multifamily and office. Land values east of I-35 continue to hold despite slower entitlement activity. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.
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On the RET wire
- The 28th Austin story tracked on the wire in August 2026. All Austin coverage →
- Disclosed capital deal value tracked in August 2026: $33.8B across 46 reported transactions.
- 189 stories mentioning JLL on the wire in the past 90 days. JLL coverage →
Computed from Real Estate Trail’s own tracked coverage
SAN MARCOS, TEXAS — JLL has arranged a bridge loan of an undisclosed amount for the refinancing of Clovis Crossing, a 213,125-square-foot industrial complex in San Marcos, located roughly midway between Austin and San…
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