Austin

The Wayman

Pegasus Real Estate Buys Austin Asset

The transaction involved a $27.9 million Fannie Mae loan.

Austin: Photo by Greg Gaynor of Fokus Waterfront/iStockphoto.com

Austin Multifamily Report – March 2023

While the local economy remains solid, the rental market is recording some softening.

The MDL Group Breaks Ground on 30-Story Austin Tower

Scheduled for completion in 2025, the student housing community will comprise 555 beds.

Security Properties Closes $200M Multifamily Fund

The firm’s sixth investment vehicle has acquired properties in 11 markets.

Image by SeventyFour/iStockphoto.com

KKR Sells Southwest Self Storage Assets

In separate deals, buyers acquired assets in California, Texas and Arizona.

Montage Rendering

Pearlstone Breaks Ground on Austin Condo Project

Knighthead Funding has provided $75 million in construction financing.

Top Markets for Multifamily Deliveries 2022

Last year’s new product volume fell below 2020 and 2021, according to Yardi Matrix.

Upcoming condo project in Austin

Pearlstone Secures $75M for Austin Condo Project

Three miles from the central business district, the project is slated for a 2024 completion.

Rendering of the Great Room at Interport.

Greystar Breaks Ground on Community Near Tesla HQ

The property’s clubhouse will comprise coworking spaces and a fitness center.

Public Storage, Austin, Texas. Image courtesy of CBRE

KKR Sells Austin Self Storage Facilities

These Class A properties were completed in 2017 and 2018.