Austin
Austin Multifamily Report – Fall 2019, Part 2
Sustained economic expansion has boosted multifamily rent growth and supply additions in the metro.
Domain Communities Makes Austin Foray
The investment firm purchased a 300-unit apartment property in the Sunset Valley community.
Stillwater Breaks Ground on Austin Development
The project will deliver the first units in Spring 2021, while the rest of the community is slated for completion later in the year.
Olympus Property Acquires Suburban Austin Community
Sherman Residential, the previous owner, purchased the asset in 2016 for nearly $32 million.
Rastegar Property Buys Value-Add Asset in Austin’s St. Johns
The company has closed on its fourth acquisition in the metro, adding another 50 units to its portfolio.
Rastegar Property Co. Expands Portfolio in Texas’ Capital
The new owner plans to renovate and modernize the building’s exterior, as well as the interior of each condominium unit.
Allied Orion Group Tapped to Manage Austin Community
The Plaza at Windsor Hills is a recently rebranded 200-unit property in the Windsor Hills neighborhood.
Scion Student Communities Adds MUZE to Its Portfolio
MUZE was completed in August and is located in the capital’s West Campus neighborhood.
Austin Multifamily Report – Fall 2019
The metro’s strong economic performance and demographic expansion are the main drivers of the multifamily market’s sustained growth.
Austin Luxury Community to Be Delivered Ahead of Schedule
The 308-unit Citadel at Tech Ridge will open to residents in December this year.