PROJ-2031 · Kim Development
Riverline Plaza
4200 Lakeshore Dr, Austin, TX · Start Mar 16, 2025 · Expected completion Nov 12, 2026
Loan principal
$4,200,000
Drawn to date
$1,450,800
34.5% of principal.
Total requested
$1,612,000
5 draws on record.
Open draws
0
In flight.
Draw history (5)
Every draw on this project — requested, approved, released, retainage held.
| # | Draw | GC | Requested | Approved | Released | Retainage held | Released date | Status |
|---|---|---|---|---|---|---|---|---|
| 1 | DRAW-2031-P1 | Pinnacle Construction | $315,000 | $315,000 | $283,500 | $31,500 | Apr 22, 2025 | Released |
| 2 | DRAW-2031-P2 | Pinnacle Construction | $350,000 | $350,000 | $315,000 | $35,000 | Jul 22, 2025 | Released |
| 3 | DRAW-2031-P3 | Pinnacle Construction | $385,000 | $385,000 | $346,500 | $38,500 | Oct 22, 2025 | Released |
| 4 | DRAW-2031-P4 | Pinnacle Construction | $420,000 | $420,000 | $378,000 | $42,000 | Jan 22, 2026 | Released |
| 5 | DRAW-2031 | Pinnacle Construction | $142,000 | $142,000 | $127,800 | $14,200 | May 14, 2026 | Released |