Austin

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.

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.

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.

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.

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.

Austin matrix mf report Image credit Roschetzky IstockPhoto.com

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.

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.

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.

Clawson Residences Open in South Austin

Billed as contemporary tree houses, the homes were designed and built in harmony with the area’s green spaces.

Hunt Real Estate Secures Financing for Austin Asset

The 12-building property is fully affordable, restricted to individuals and families earning 60 percent or less than the area’s median income.