Multifamily news in Austin

Belmont Village Senior Living Tops Out on Lakeway Community
White Construction Co. completed the concrete structure for Belmont Village Lakeway community in early September. The property is slated for completion in the summer of 2018.
Senior Housing
Thrive Acquires 2 Senior Housing Properties, Launches Sister Firm
The acquisition expanded the company’s senior housing portfolio to four assets, which drove the firm to launch a new division—TFP Senior Living—headed by Anthony Fulco.
Senior Housing
Peak Campus Selected to Manage Texas Student Housing
The 348-bed, 183-unit community is currently under construction in San Marcos. Upon completion, slated for fall 2018, the property will serve Texas State University.
Student Housing

  • Capstone Expands Texas Portfolio With 4 Communities

    Capstone Real Estate Services was awarded management of Sansom Park, Riverwalk, Hays Junction II and St. Paul’s Square Senior. The properties total more than 450 units.

    14 September 2017 14:27

  • IPA Intermediates Sale of Austin-Area Community

    Vantage at Georgetown is a 288-unit community strategically located north of Austin in Georgetown, Texas. The property was acquired by Pensam Residential.

    01 September 2017 14:56

  • The Priciest Zip Codes in Texas

    Apartment search portal RentCafe ranked the 50 most expensive Zip Codes in Texas. Guess which one took the top spot?

    30 August 2017 14:49

  • ARA Newmark Arranges Sale of 7East in Austin

    The 186-unit community is located in one of the country’s top tech hubs and was 94 percent occupied at the time of the transaction. The property was acquired by GF Properties Group.

    29 August 2017 12:15

  • Supply Influx Moderates Austin Gains

    The Texas capital’s economy is strong and its population is booming, but a high volume of new supply is keeping the lid on rent growth. As of May, rents in the metro were flat compared to a 1.5 percent year-over-year national uptick.

    04 August 2017 08:50

  • EdR Opens 304-Bed Texas Community

    The Local Downtown will cater to students attending Texas State University. The development will add nearly $300 million in assets to its owned portfolio and will deliver $100 million In third-party developments this year.

    25 July 2017 14:57

  • Peak Campus Expands Management Portfolio in TX and S.C.

    GrandMarc Austin and GrandMarc Clemson are two student housing communities with 238 and 524 beds respectively, serving the students of University of Texas at Austin and Clemson University.

    24 July 2017 15:11

  • Affordable Housing Portfolio Secures $142M in Financing

    Harmony Housing tapped KeyBank Real Estate Capital to provide loans to six of its properties, located in Texas, Michigan, Wisconsin and Florida. Each property reserves half of the units for residents making 60 percent of the area median income.

    18 July 2017 14:23

  • Austin’s Top 10 Largest Communities Under Development

    The city's booming economy and rapid population growth have led to a surge in housing demand in recent years. Here is a list of the biggest communities under construction in the area.

    17 July 2017 08:46

  • The Praedium Group Invests $90M in TX, FL

    “The real estate investment firm added 530 units to its multifamily portfolio by acquiring the 288-unit Fox Hill Apartments in Austin and the 242-unit Park Place at Maguire in Orlando.

    10 July 2017 15:41

  • Post South Lamar Phase II Finalized, Begins Leasing

    The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.

    08 June 2017 09:13

  • Capstone Adds 7 More to Texas Portfolio

    The firm has been awarded management responsibilities for seven communities in the Texas area, rising its portfolio to roughly 38,000 units.

    30 May 2017 13:02

  • Tarrytown Boutique-Style Community Announces Opening Date

    Located west of MoPac, in Central Austin’s Tarrytown, the property includes 27 new residential units up for lease. The community offers the unique feature of having no stairs, only elevators to and from its underground parking.

    16 May 2017 09:12

  • Capstone Brings New COO on Board

    Tina West has more than 25 years of experience in property management and is expected to spearhead Capstone’s operations team.

    11 May 2017 09:54

  • Lantower Residential Acquires NXNE in North Austin

    North by Northeast is a 375-unit community built in Austin’s Tech Ridge submarket. Major tech companies such as Dell, Apple, IBM and Samsung have set up offices in the area.

    09 May 2017 13:05