Civitas Closes $33.6 Million Senior Loan for 240-Unit Class A Multifamily Community in Rural Texas

Markets PR Newswire By PR Newswire 05 Aug 2026 20:30 1 min read
Civitas Closes $33.6 Million Senior Loan for 240-Unit Class A Multifamily Community in Rural Texas

DALLAS, Aug. 5, 2026 /PRNewswire/ -- Civitas Capital Group announced the closing of a $33.6 million senior construction loan to finance The Lucille, a 240-unit Class A garden-style multifamily community in Fredericksburg, Texas, to be developed by Parkspring Multifamily. Located in...

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