Multifamily news in Austin
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BSR Expands Austin Presence With $104M Buy
The Arkansas REIT acquired Madrone and Cielo, two garden-style communities that total 554 units.
30 August 2019 08:35 -
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.
22 August 2019 12:50 -
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.
21 August 2019 07:14 -
Austin Multifamily Report – Summer 2019
Multifamily rent growth in Texas’ capital is among the highest in the country, up 4.9 percent year-over-year through June to $1,401, only $64 below the U.S. average.
19 August 2019 12:51 -
JLL Facilitates Sale of Texas Community
The brokerage company represented the seller, Barker Investments, in the disposition of Whispering Oaks in Lockhart, Texas.
14 August 2019 20:22 -
Waterton Reenters Austin With 950-Unit Acquisition
After exiting the market in 2015, the company has now acquired three communities in Texas' capital, 14 miles north of the metro’s CBD, betting on a value-add strategy.
07 August 2019 17:56 -
Master-Planned Community Coming to Texas Hill Country
281 Round Mountain LLC, headed by the father and son team of Grant and Travis Dean, are the developers of Trinity Oaks Preserve.
06 August 2019 13:45 -
SWBC Acquires Value-Add Asset in West Austin
SWBC plans to further upgrade the rental units and bring the garden-style community up to current standards for high-end assets.
02 August 2019 12:49 -
Rastegar Property Acquires 2 Austin Communities
The company purchased Zilker Place Apartments and Redbud Bungalows, both of which are set to undergo capital improvements.
26 July 2019 17:16 -
Allied Orion Chosen to Manage 800 Texas Units
The company will oversee two Class A communities owned by GenCap Partners Inc. in Austin and Leander, boosting its portfolio of more than 23,000 apartment units nationwide.
18 July 2019 11:11 -
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.
12 July 2019 12:55 -
CIM Group Completes Austin’s Tallest Tower
Nicknamed the Jenga tower for its distinctive stacked design, the 58-story condo community is located downtown and houses more than 20,000 square feet of amenities.
10 July 2019 14:17 -
Alliance Residential Breaks Ground, Delivers Apartments
The Phoenix, Ariz.-headquartered company is working on a new property near the Oracle campus and delivered a community adjacent to The Domain.
10 July 2019 07:22 -
Austin Multifamily Report – Summer 2019
Despite the more than 23,000 units underway in the metro as of April, developers are struggling to keep up with soaring demand.
05 July 2019 11:44 -
Daniel Corp. Develops, Sells in South Austin
The company—which teamed up with CNL to construct the new project, located off William Cannon Drive and adjacent to McKinney Falls State Park—sold a 13-building community to Bell Partners.
05 July 2019 10:25