Affordable Housing - Austin
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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.
04 July 2019 10:00 -
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.
08 May 2019 08:18 -
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.
17 April 2019 07:00 -
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.
21 February 2019 11:46 -
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.
29 January 2019 17:59 -
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.
06 December 2018 12:22 -
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.
27 November 2018 16:50 -
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.
07 November 2018 13:49 -
Asset Campus to Manage New Student Housing Community in Austin
The 14-story high-rise development is slated for completion in 2019 and about 10 percent of its units are affordable.
27 August 2018 17:39 -
KeyBank Secures Construction Loan for Affordable Housing in Austin
The community will include 302 units and will be developed by a public-private partnership between The NRP Group and Strategic Housing Finance Corp. of Austin County.
22 August 2018 15:09 -
Top 10 Affordable Communities Delivered in Austin
Austin’s booming economy sustains increased demand for multifamily properties, and its rapid top-heavy growth is affecting housing affordability. Over the past 18 months, nearly 2,000 affordable units have been delivered in Austin.
07 August 2018 07:14 -
RBJ Center in Texas Begins Renovation, Redevelopment
The existing 16-story tower will be revamped and a new five-story building will be added. Upon completion, the property will have more than 500 apartments for seniors.
08 May 2018 13:28 -
TX, AZ Affordable Senior Properties Land $18M Financing
Bellwether Enterprise arranged the complex financing for three age-restricted communities located in Kingman, Ariz., and Austin, Texas, using LIHTC and HUD funding.
13 April 2018 14:36 -
On the Market: 5 Interesting Listings for the Week of 1/29
This week's listings include a portfolio investment opportunity in Prince George's County, Md., a new development in the Irvington neighborhood of Portland and an affordable housing community in Dallas.
02 February 2018 13:00 -
Eastside Station Changes Hands in Off-Market Deal
Atlanta-based Pollack Shores bought a new 330-unit community in East Austin. The partially affordable development is conveniently located within walking distance of the medical district as well as Google and Facebook's new downtown offices.
13 November 2017 14:58