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Hamilton Zanze Picks Up Austin Asset No. 4

Hamilton Zanze Picks Up Austin Asset No. 4

San Francisco-based real estate company Hamilton Zanze, purchased 15 multifamily assets worth over $297 million in the Western and Southwestern areas in the last 12 months; the firm continues its expansion with the acquisition of Bradford Pointe, a residential complex located in the North Central Austin submarket. The transaction represents…

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TODAY’S DEALS: Hamilton Zanze Finds Value in Austin

TODAY’S DEALS: Hamilton Zanze Finds Value in Austin

Tech growth draws Hamilton Zanze to Austin; Home Properties starts a New Jersey repositioning play; and Eastern Union Funding closes a "100 percent" construction loan for a Manhattan mixed-use development. …

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North America’s Largest JW Marriott Opens Its Doors

North America’s Largest JW Marriott Opens Its Doors

Two and a half years after the breaking ground event, the first JW Marriott Hotels & Resorts has opened its doors. The JW Marriott Austin is the largest hotel in Austin, the largest JW Marriott in North America and the second-largest JW Marriott in the world.…

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Pioneering Property Changes Hands in Central Austin

Pioneering Property Changes Hands in Central Austin

By Anca Gagiuc, Associate Editor Austin’s first transit-oriented mixed-use development is under new ownership. On Feb. 11th, MIG Real Estate L.L.C. announced its acquisition of Midtown Commons at Crestview Station. The asset is the fourth in the city and eighth in Texas for Newport Beach, Calif.-based MIG. Completed in 2009…

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HID’s New, Green HQ Reaches Milestone

HID’s New, Green HQ Reaches Milestone

HID Global, a worldwide leader in secure identity solutions, has announced it has finalized the consolidation of its world headquarters and North American Operations Center located in Austin. In the following 12-18 months, the company has planned to pursue a number of additional security certifications for its operation.…

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Crimson, USAA Realco Break Ground on Project in Northwest Austin

Crimson, USAA Realco Break Ground on Project in Northwest Austin

In Northwest Austin recently broke ground a new Class A office building. The new development, Aspen Lake Two, is a partnership between Crimson Real Estate and USAA Real Company.…

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Dividend Capital Buys Pair of Class A Office Buildings

Dividend Capital Buys Pair of Class A Office Buildings

Denver-based Dividend Capital Diversified Property Fund (DPF) recently announced the expansion of its office portfolio through the acquisition of Rialto I and II from Lincoln Property Co. The two buildings, totaling 155,000 square feet, sold for $37.3 million, approximately $240 per square foot.…

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Ashford Trust to Buy Lakeway Resort for $33.5M

Ashford Trust to Buy Lakeway Resort for $33.5M

The strong Austin economy and the sustained growth in the technological sector, mixed with increasing visitation, appeals more and more to investors. Recently, Dallas-based Ashford Hospitality Trust announced that it has signed an agreement to acquire Lakeway Resort & Spa for $33.5 million. The acquisition should close within the next…

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TODAY’S DEALS: Hunt Mortgage Provides $6M, Full-Term Interest-Only, Bridge Loan

TODAY’S DEALS: Hunt Mortgage Provides $6M, Full-Term Interest-Only, Bridge Loan

Hunt Mortgage Group announces that it has provided a $6 million bridge loan to refinance Sun Bay Apartments; and Colliers completes the sale of a 228-unit Class B property in Austin, Texas.…

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Moody National REIT Acquires Hilton Garden Inn

Moody National REIT Acquires Hilton Garden Inn

The previously announced intention of Moody National REIT to purchase the Hilton Garden Inn Austin NW/Arboretum has come to fruition. Holliday Fenoglio Fowler has announced closing the sale after having exclusively marketed the property on behalf of the seller. Moody National REIT has purchased the hotel free and clear of…

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TODAY’S DEALS: Steadfast Enters Colorado with $40M Buy

TODAY’S DEALS: Steadfast Enters Colorado with $40M Buy

Steadfast Apartment REIT buys a 252-unit asset; CPR Money provides $7.8 million for a Kansas City acquisition and rehab; and Walker & Dunlop originates a $23 million bridge loan in Austin, Texas.…

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Civitas Senior Living Announces Plans for New Senior Living Community in Southwest Austin

Civitas Senior Living Announces Plans for New Senior Living Community in Southwest Austin

A new senior lifestyle apartment community will break ground in Austin, owned by Civitas Senior Living, LLC. Ledgestone Senior Living will offer not only independent and assisted living apartments, but also a memory care cottage; the complex will enter the construction phase in June 2015, becoming the seventh property in…

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