Lincoln Property JV Lands $870M for Hotel-Branded Austin Project
TYKO Capital provided the funds.
Lincoln Property Co. and Austin Capital Partners have obtained an $870 million construction loan for Four Seasons Private Residences Lake Austin, a 203-unit luxury development in Austin. TYKO Capital provided the financing.
This deal is one of the largest construction loans for a luxury residential project in Texas, according to Adi Chugh, founder & CEO of TYKO Capital. The project is planned as Four Seasons’ first residential-only private resort community.
At full buildout, the project will include 179 residences and 28 villas. Four Seasons Hotels and Resorts will manage the property, which will include marina facilities with 50 boat slips.
Originally proposed in 2021, Four Seasons Private Residences Lake Austin is taking shape on a hill rising 380 feet above the lake. Hines was part of the original development team, while Turnbridge Equities joined as a co-development partner in 2024. Lincoln Property Co. is now developing the project alongside Austin Capital Partners. According to Four Seasons, the project is slated for completion in 2029.
READ ALSO: The Rise of Hotel‑Branded Apartments
The 210-acre community will feature a clubhouse, theater, pool, golf simulators, sports courts, an onsite restaurant and two private marinas. Lissoni & Partners is handling interior design, while Handel Architects and Page are serving as architects on the project.
Located at 6507 Bridge Point Parkway in Austin, the site is less than 3 miles from Austin Country Club and approximately 10 miles from downtown Austin.
Austin construction cools
The financing comes as Austin’s multifamily market continues to cool following a period of record deliveries that contributed to rent declines. In 2025, the metro saw a new peak of 30,002 units delivered while construction starts dropped 18.9 percent year-over-year, according to a recent Yardi Matrix report.
Despite softer market conditions, luxury projects continue to move forward across the metro. Last June, a joint venture between ZOM Living and CP Capital completed a 359-unit luxury community dubbed Azola Avery Centre. The development is located in Round Rock, Texas, and is part of the larger Avery Centre master-planned community.
