Nitya Capital Pays Off $400 Million Credit Facility Line of Capital One, Achieving Significant Milestone

Nitya Capital Pays Off $400 Million Credit Facility, Demonstrating Financial Strength and Strategic Agility

Houston-based real estate investment firm, Nitya Capital, has reached a significant milestone by fully paying off a $400 million credit facility line of Capital One. This achievement highlights Nitya’s financial strength and strategic agility in navigating challenging capital markets.

The credit facility was secured by three assets: Quarry Trails in Knoxville, Tennessee; Domain at Waco in Waco, Texas; and NTX Domain in Denton, Texas. Nitya Capital successfully exited its purchase of Quarry Trails, a student housing multifamily asset near the University of Tennessee, allowing the company to cash out a significant portion of investors’ original equity.

Additionally, Nitya Capital refinanced the other two assets, Domain at Waco and NTX Denton, securing a permanent 10-year financing deal from Argentic Real Estate Finance 2 LLC. This move enabled the company to monetize the value-creation achieved since the acquisition, driven by rent growth and operational efficiencies.

With these successful transactions, Nitya Capital has maintained a track record of delivering returns to investors, with 79 successful exits across 20,000 units, representing over $2.5 billion in value without a single loss. The company has closed more than 250 transactions valued in excess of $10 billion.

Nitya Capital’s portfolio consists of 52 affordable multifamily and student housing assets valued at over $2.5 billion spread across major Sunbelt markets. Founder and CEO, Swapnil Agarwal, stated that these strategic moves provide cash out to limited partners in the short term while enhancing long-term value creation.

For more information about Nitya Capital and its real estate investment strategies, visit www.nityacapital.com.