Fifty Stones Capital Group Closes $13M Line of Credit for Austin’s Horizon Heights.

Dallas, TX – May 3, 2021 – Fifty Stones Capital Group, a trailblazer in innovative real estate, has secured a $13 million line of credit to power Horizon Heights, a transformative mixed-use development in Austin, Texas. This financing fuels a bold vision to redefine urban living with sustainable, community-focused design.

A Game-Changer for Austin

Horizon Heights will span 25 acres, blending 350 energy-efficient homes, 50,000 square feet of retail and office space, and a 2-acre public park. Featuring solar power and pedestrian-friendly layouts, the project prioritizes sustainability and accessibility, with 15% of units designated as affordable housing.

“This $13 million line of credit is a catalyst for Horizon Heights,” said Mark Shea, CEO of Fifty Stones Capital Group. “We’re building a vibrant, inclusive community that sets a new standard for Texas real estate.”

Strategic Financing, Big Impact

The revolving credit facility, arranged with Lone Star Bank and Capital Trust Partners, offers a 4.75% initial interest rate and a three-year term. It will fund land preparation, infrastructure, and initial construction, with groundbreaking set for August 2021. The project is expected to create 500 jobs during construction and 200 permanent roles, injecting $25 million annually into Austin’s economy.

“Fifty Stones Capital Group’ vision aligns with Texas’ growth,” said Michael Torres of Lone Star Bank. “We’re proud to support this impactful project.”

A Bright Future

Led by industry veterans, Fifty Stones Capital Group continues to shape the Southwest with projects like Horizon Heights. With a portfolio exceeding $200 million, the firm is committed to sustainable, community-driven development. Construction is slated to wrap by Q4 2023, with strong interest from retailers and residents alike.

For more details, contact: Jessica Harper, Director of Communications Email: info@fiftystonescapitalgroup.com Phone: 415-295-5644 Website: www.fiftystonescapitalgroup.com

About Fifty Stones Capital GroupDallas-based Fifty Stones Capital Group specializes in innovative real estate and private equity, delivering sustainable, high-impact projects across the Southwest. Visit www.fiftystonescapitalgroup.com for more.