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Las Colinas Apartments Sold Through ARA

Las Colinas Apartments Sold Through ARA

The apartment community located at 1500 Reagan Hill Dr. in northeast Austin has again switched owners. The last time the property was on the market was in 2012 when it was acquired by San Diego-based Quez Capital.…

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Arc Capital Partners Acquires The Establishment Apartment Community in Austin

Arc Capital Partners Acquires The Establishment Apartment Community in Austin

On November 22, 2013, the Los Angeles-based boutique commercial real estate platform Arc Capital Partners, formed by industry veterans Quincy Allen and Neville Rhone, entered into a joint venture with Cardinal Group Investments (CGI) to acquire an apartment community located in the South Congress submarket of Austin.…

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Investcorp Acquires University Village & University Estates in Austin

Investcorp Acquires University Village & University Estates in Austin

Investcorp, one of the prominent providers and managers of alternative investment products headquartered in New York, announced the acquisition of several residential properties in separate transactions, in Austin, Chicago and Las Vegas. The amount paid for all transactions was approximately $270 million.…

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American Housing Ventures Announces Legends at Onion Creek Development

American Housing Ventures Announces Legends at Onion Creek Development

American Housing Ventures is a young company created by Mark Wolf and partner Spencer Rinker who recently secured a 115-acre parcel east of one of Austin’s most popular communities, Onion Creek. Here they’re planning to build Legends at Onion Creek, a section of 287 single-family homes.…

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Joint-Venture Acquires Hampton Inn Austin Airport

Joint-Venture Acquires Hampton Inn Austin Airport

A newly created joint venture between Hostmark Hospitality Group and Pendo Investments announced the acquisition of Hampton Inn Austin Airport.…

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Oracle Adds Third Office in Austin

Oracle Adds Third Office in Austin

The property at 7700 W Parmer Lane in Williamson County will accommodate Oracle’s new office. The building is currently occupied by Freescale Semiconductor Inc., who announced it would relocate its operations to South Austin by the end of 2013.…

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Forestar’s Eleven Welcomes Its First Tenants

Forestar’s Eleven Welcomes Its First Tenants

The southeast corner of East 11th Street and Interstate 35, regarded as a gateway into East Austin, has been changed by the podium-style community developed by Forestar Group Inc. in partnership with Canyon-Johnson Urban Funds. The grand opening ceremony took place a few days ago and the first residents have…

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$9.5M Purchase of Industrial Facility by Gramercy Property Trust

$9.5M Purchase of Industrial Facility by Gramercy Property Trust

By Anca Gagiuc, Associate Editor The real estate investment trust Gramercy Property Trust announced the acquisition of an industrial facility in Austin. The transaction went through after the company executed definitive agreements for a private placement of 11,545,200 shares of common equity at $4.11 per share. The Private Placement raised gross…

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Velocis Forms Partnership With Moors & Associates Through the Acquisition of Two Office Buildings

Velocis Forms Partnership With Moors & Associates Through the Acquisition of Two Office Buildings

A new partnership has formed between Bethesda, MD-based Moore & Associates and Dallas-based Velocis Fund. The latter acquired the majority interest in two Class A office buildings: Arboretum Atrium at 9737 Great Hills Trails and Las Cimas I at 804 Las Cimas Blvd; the properties total 170,000 square feet.…

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World Class Capital Plans to Reposition Crestview Crossing Post Acquisition

World Class Capital Plans to Reposition Crestview Crossing Post Acquisition

Once opportunity is identified, creating value comes next. Under this principle World Class Capital Group announced the acquisition of a retail center in North-Central Austin. The exact address is 8120 Research Blvd, at the corner of Highway 183 and Anderson Square.…

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Huffines Communities Invests in Waterford at Lake Travis

Huffines Communities Invests in Waterford at Lake Travis

Lago Vista, located northwest of Austin, offers many picturesque panoramic views of Lake Travis and the surrounding natural environment to its inhabitants and Huffines Communities knows it. For a second time, the Dallas-based real estate company stopped in the area to make investments; the first investment was the Waterford Marina,…

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Luxury Whitley Apartments for Sale with CBRE

Luxury Whitley Apartments for Sale with CBRE

The Class A residential high-rise located in the heart of the Austin central business district, Whitley, is now listed for sale under the representation of CBRE Texas Multi-Housing Group. The building is located at 301 Brazos and was completed in 2013.…

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