Pearlstone Partners And Atco Secure $130 Million In Construction Financing From Msd Partners For Vesper
Amount Raised
$130 Million
Round Type
Funding Round
AustinOtherReal EstateDescription
Austin-based Pearlstone Partners and New York-based ATCO Properties & Management today announced their securing of $130 million in construction financing from MSD Partners, L.P. for Vesper, the 41-story residential high-rise condominiums they are codeveloping at 84 East Avenue in Austin's dynamic Rainey Street Historic District. Pearlstone and ATCO's total investment in the project is $165 million. This is MSD Partners' first financing of a Pearlstone/ATCO project.
Quick answer
Pearlstone Partners raised $130 Million in a Funding Round round, dated November 18, 2021. Pearlstone Partners is based in Austin, Texas, United States.
- How much did Pearlstone Partners raise?
- Pearlstone Partners raised $130 Million in a Funding Round round on November 18, 2021.
- What does Pearlstone Partners do?
- Austin-based Pearlstone Partners is a full-service real estate development firm with more than 100 years of combined experience in the local real estate industry.
- Where is Pearlstone Partners based and how big is it?
- Pearlstone Partners is based in Austin, Texas, United States.
Source: Fundz verified event record.
Who else raised in Real Estate around the same time
Companies in the same sectors as Pearlstone Partners that raised within 45 days of this round, from Fundz verified event records.
- RushOwl raised $650K (Seed) on December 27, 2021.
- FoxyAI raised $2.1M (Seed) on December 23, 2021.
- Tri Stru X raised an undisclosed amount on December 23, 2021.
- Haystacks.Ai raised $5M (Seed) on December 16, 2021.
- Cockroach Labs raised $278M (Series F) on December 16, 2021.
- Greystone raised $30M (Funding Round) on December 16, 2021.
Who to call at Pearlstone Partners, and when
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- An alert the day Pearlstone Partners raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pearlstone Partners, from your own LinkedIn network
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Pearlstone Partners raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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