We’re excited to share that Real International’s Village at Lakeline project continues to move forward smoothly with great momentum! 🎉
Acquired at the end of 2024 as a distressed asset, the property has undergone a rapid and targeted repositioning. Immediately after closing, our team completed the subdivision and planning for office condo units and moved quickly into the sales phase. Since then, the project has maintained a steady, disciplined pace.
(Our asset manager, Milan, and our sales partners conducting on-site evaluations.)
Village at Lakeline sits along Lakeline Boulevard in Cedar Park, one of the fastest-growing commercial and residential corridors in North Austin. This prime location has continued to attract strong interest from small-office, medical, and service-based users.
Several reliable occupants are already operating on-site, including retail operators, a dental clinic, an insurance agency, legal services, and other professional offices. The space has transformed from what was once a “problem asset” into a vibrant, well-functioning commercial space with increasing activity and stability.
As of today, 50% of the condo units have been sold, and three more are under contract. We expect to finalize two additional sales in Q1 of next year, which will fully pay off the project loan. After that point, each subsequent unit sale will begin generating distributions to investors.
In today’s real estate market, finding true value isn’t about catchy phrases. It requires disciplined underwriting, clear judgment, and the ability to execute across cycles. Real International will continue identifying undervalued opportunities like this one and bringing high-quality investment projects to our clients.
If you’re interested in similar investment opportunities, feel free to reach out to our team.