Austin
SPI Advisory Acquires 264 Units in Austin Area
The asset last traded in 2013 as part of a $335.4 million portfolio transaction.
Virtus Acquires Austin Property from Internacional Realty
JLL Capital Markets represented the seller in the deal.
Pegasus Real Estate Buys Austin Asset
The transaction involved a $27.9 million Fannie Mae loan.
Austin Multifamily Report – March 2023
While the local economy remains solid, the rental market is recording some softening.
The MDL Group Breaks Ground on 30-Story Austin Tower
Scheduled for completion in 2025, the student housing community will comprise 555 beds.
Security Properties Closes $200M Multifamily Fund
The firm’s sixth investment vehicle has acquired properties in 11 markets.
KKR Sells Southwest Self Storage Assets
In separate deals, buyers acquired assets in California, Texas and Arizona.
Pearlstone Breaks Ground on Austin Condo Project
Knighthead Funding has provided $75 million in construction financing.
Top Markets for Multifamily Deliveries 2022
Last year’s new product volume fell below 2020 and 2021, according to Yardi Matrix.
Pearlstone Secures $75M for Austin Condo Project
Three miles from the central business district, the project is slated for a 2024 completion.