Multifamily news in Affordable Housing - Austin
-
Top Texas Metros for Multifamily Development in 2020
By August, developers had delivered 26,300 units in Austin, Dallas and Houston combined, placing the three areas among those with the highest multifamily completions in the country.
-
Bellwether Enterprise Closes 4 Affordable Housing Loans
The financing totaled $94 million and will help construct and preserve 719 units in Texas and New York City.
-
Target Builders Secures $44M for Texas Development
The 376-unit, partially affordable project in San Marcos is slated for a 2022 completion.
-
LDG Secures $50M for Austin-Area Affordable Project
The 336-unit development in San Marcos, Texas, also received more than $43 million in activity bonds.
-
Oden Hughes Breaks Ground in Austin Opportunity Zone
The 279-unit multifamily development will include 28 units restricted to households earning less than 80 percent of the median family income.
-
DMA Development Co. Announces New Mixed-Income Asset in Austin
Talavera Lofts will encompass 92 units, 90 of which will lease for rental rates affordable to households with incomes ranging below 30 to 60 percent of AMI.
-
Affordable Housing: Is Austin Becoming the Next Palo Alto?
Affordable Central Texas' David Steinwedell and Carleton Residential Properties' Printice Gary share their views on Austin’s looming affordability crisis in the workforce housing sector.
-
CDT Forms JV to Buy 452-Unit Asset for $70M
The Bridge at Asher Apartments acquisition is the company’s fourth investment with the Housing Authority of the City of Austin and its nonprofit affiliate, the Austin Affordable Housing Corp.
-
Camden Realty Trust Buys Austin Asset for $120M
The Millennium Rainey is a 326-unit, LEED Gold-certified midrise completed in 2016 in the city's historic Rainey Street district. NKF represented the seller in the transaction.
-
Avanath Pays $35M for Affordable Asset in Texas’ Capital
At the time of sale, the 280-unit property was 96.4 percent occupied, with historical occupancy averaging 98 percent over the last three years.
-
Mixed-Income Development Lands $61M Financing
Mission Trail at El Camino Real in San Marcos is scheduled to break ground in the next few months, with preleasing anticipated to begin this fall.
-
Hunt Real Estate Secures Financing for Austin Asset
The 12-building property is fully affordable, restricted to individuals and families earning 60 percent or less than the area’s median income.
-
Presidium Launches Major Mixed-Use District in Austin
The garden-style community is the first of Pecan District's 10 phases. The 45-acre development is anticipated to be fully complete in 2028.
-
Bellwether Enterprise Arranges $24M Financing for Austin Community
The firm worked on behalf of the city’s Housing Authority to facilitate the 12-year Fannie Mae loan for the 308-unit, 14-building property.
-
How Austin Can Set an Example in Tackling Affordability Issues
The $250 million bond, the largest in the city’s history, is expected to ease the metro’s rising affordability issue. In this interview, Atlantic | Pacific Cos.' Dan Wilson talks about the company’s most recent projects in the market.