Austin
PointOne Holdings, NRP Group to Add 308 Units in Austin
The upcoming community will be located in the South Congress submarket, within walking distance of the adjacently planned H-E-B and Thirsty Planet Brewery.
Newmark Knight Frank Brokers Sale of Luxury Texas Asset
Vice Chairman Patton Jones worked on behalf of seller LIV Development in the disposition of The Ace, a 330-unit property located roughly 25 miles of Austin.
Austin-Area Asset Changes Hands
Strategic Property Investment financed the acquisition of the 254-unit property in Kyle, Texas, through a $27.1 million Fannie Mae loan.
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.
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.
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.
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.
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.
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.
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.