Multifamily news in Austin
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CBRE Arranges Acquisition Loan for Austin Student Housing
The 135-unit student housing community features a mix of studios to four-bedroom units. The property serves students attending the University of Texas.
08 May 2019 13:48 -
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 -
Austin Condo Project Scores $88M Loan
Pearlstone Partners and Newgard Development Group will use the construction financing to break ground on the 249-unit property in the city's Rainey Street District by the end of June.
30 April 2019 13:12 -
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 -
JLL Closes Sale of HUD-Financed Luxury Asset
According to Yardi Matrix data, RED Capital Group originated a nearly $27 million loan in 2016, with the maturity date set for 2058.
16 April 2019 13:20 -
Campus Advantage to Manage TX Student Housing
Located near the University of Texas at Austin’s West Campus, the 567-bed community developed by Lincoln Ventures is scheduled for completion in the fall of 2020.
05 April 2019 13:57 -
HFF Completes Sale of TX Student Housing Community
Villas on 26th is one of the seven student housing projects developed by Zucker Properties at the University of Texas at Austin.
01 April 2019 13:53 -
New Condo Project Breaks Ground in South Austin
The upcoming development aims to accommodate the “missing middle” segment in Austin, with the price of the units ranging between $200,000 and $400,000.
28 March 2019 16:58 -
Mixed-Use Tower Breaks Ground in Austin
The 30-story development, anticipated to open in the first quarter of 2021, will be the first in the area to combine retail, office and residential uses in a single building.
13 March 2019 09:46 -
Nelson Partners Pays $100M for Austin Student Housing Asset
Located near the University of Texas, the 18-story Skyloft is fully occupied and is already 77 percent leased for the 2019-2020 academic year.
11 March 2019 14:31 -
Luxury Community Breaks Ground at Round Rock Premium Outlets
Parkside at Round Rock, a Simon asset, will comprise 433 units anticipated to open in early 2020 just outside of Austin, Texas.
06 March 2019 18:03 -
Stillwater Capital to Add 2 New Communities in Austin
The company is developing a 259-unit property in the suburb of Leander, as well as a 222-unit project in the Riverside neighborhood, within Austin’s designated Opportunity Zone.
06 March 2019 17:55 -
Austin Multifamily Report – Winter 2019, Part 2
Despite a steady pipeline of new product, rent growth across the metro continued, ending 2018 at 3.6 percent year-over-year, while a healthy demand has put upward pressure on occupancy.
06 March 2019 14:12 -
Waypoint Residential Expands Development Pipeline
The company has six multifamily properties totaling more than $325 million in development or leasing stages—including two new brands—in the Northeast and West.
21 February 2019 13:44 -
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