Austin
FirstService Residential to Manage Historical Condo Asset in Austin
The landmark building, located at 710 Colorado St., comprises 90 luxury condominium units and street level retail.
In the Heat of Austin’s Investment Landscape
Rastegar Property Co. CEO Ari Rastegar shares insights into the metro’s multifamily market and explains why it’s difficult to predict what the future holds.
Omninet Capital Sells 200-Unit Austin Asset
Berkadia secured a $15 million Fannie Mae acquisition loan for the buyer, One Real Estate Investment, and also delivered a NYSE-traded REIT as the equity partner.
Co-Living Brand QUARTERS Enters Austin Market
The co-living development, slated for completion in the spring of 2021, will rise five stories high with a total of 120 units.
Bellwether Secures $80M in Loans for Texas Housing
The loans were used to create, support and preserve three affordable communities in Austin and Port Arthur.
Lion Real Estate, Marble Partners Close 4th Austin Buy
The new ownership intends to complete the renovations the previous two owners initiated and further stabilize the property.
BSR Expands Austin Presence With $104M Buy
The Arkansas REIT acquired Madrone and Cielo, two garden-style communities that total 554 units.
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.
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.
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.