Fifty Stones Closes $6.8M Deal to Revive Texas Multifamily Gem in Just 29 Days.

AUSTIN, TX – December, 2021 — Fifty Stones Capital Group, a private real estate investment and capital advisory firm known for turning complex challenges into high-yielding opportunities, has successfully closed a $6.8 million refinance and re-construction deal on a multifamily asset in central Texas. The deal marks a bold move in the firm’s ongoing strategy to unlock hidden value in underperforming or distressed properties across key Southern markets.

The asset in question, a 94-unit multifamily property located in the rapidly growing corridor between San Antonio and Austin, came to Fifty Stones through an existing borrower relationship, one forged during a previous capital raise in the Dallas-Fort Worth area. The property, originally developed in the early 2000s, had fallen into disrepair due to deferred maintenance, operational missteps, and insufficient capital expenditure. Occupancy had dipped below 60%, and a looming maturity date on the senior debt put the asset at risk of foreclosure.

“When we first toured the property, what we saw wasn’t distress, it was opportunity,” said Jaycox Dominick, Vice President at Fifty Stones Capital Group. “The fundamentals were there: excellent location, strong renter demand, and architectural bones that still held promise. What it needed was a capital partner that could move quickly, think creatively, and execute a comprehensive repositioning plan.”

The transaction was structured as a $6.8 million refinance and re-construction facility, secured through a mix of bridge debt and structured equity. The capital stack included:

• $5.2 million senior bridge loan, placed through a regional debt fund specializing in transitional assets

• $1.6 million in preferred equity, underwritten and closed internally by Fifty Stones’ private capital network

Proceeds were used to retire the existing senior debt, inject over $1.8 million into targeted capital improvements, and fund working capital for lease-up stabilization over a 12-month period. The deal closed in just 29 days from LOI to funding, an aggressive timeline that demanded precision across legal, appraisal, construction planning, and investor coordination.

What set this deal apart wasn’t just the capital, it was the approach. Fifty Stones deployed its full platform, bringing in its in-house asset management team, construction advisors, and third-party lease-up specialists to formulate a 12-month repositioning roadmap.

Fifty Stones Capital Group is a nationwide private real estate lender focused on providing fast, flexible capital for construction, bridge, and value-add projects across multifamily, industrial, and specialized asset classes. Known for solving complex capital challenges and executing with speed, Fifty Stones is a trusted partner for sponsors and brokers across the country. For more details, visit www.fiftystonescapitalgroup.com or send an email to info@fiftystonescapitalgroup.com.