CHICAGO – May 1, 2017 –TPS Parking Austin Two LLC, an affiliate of Green Courte Partners, LLC, doing business as “The Parking Spot East,” recently completed a new near-airport parking facility with 1,589 covered spaces serving Austin-Bergstrom International Airport (AUS). The parking facility at 2935 East State Highway 71 in Del Valle, Texas is The Parking Spot’s second location near the Austin airport.
The project was made possible with an $10,300,000 construction loan from Associated Bank.
Green Courte Partners, LLC and its real estate private equity funds focus on investments in niche real estate asset classes and have extensive experience investing in, building and monetizing industry-leading real estate portfolio companies in a variety of niche sectors. Founded in 1998, The Parking Spot is the leading near-airport parking company in the United States with 39 locations at 21 airports.
Senior Vice President Edward (Ted) Notz of the Commercial Real Estate division of Associated Bank managed the loan and closing.
Headquartered in Chicago, Associated Bank’s Commercial Real Estate division is committed to providing commercial real estate developers/owners/operators with an array of financing solutions, in addition to products and services that meet their unique needs. Associated’s Commercial Real Estate division has offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio and Wisconsin.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of $29 billion and is one of the top 50 publicly traded U.S. bank holding companies. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Associated Bank,
# # #