Austin
How Austin Can Set an Example in Tackling Affordability Issues
The $250 million bond, the largest in the city’s history, is expected to ease the metro’s rising affordability issue. In this interview, Atlantic | Pacific Cos.’ Dan Wilson talks about the company’s most recent projects in the market.
Luxury Community Breaks Ground Within ShadowGlen Master Plan
The team behind the project includes architectural firm Cross Architects, civil engineering firm Kimley-Horn, general contractor Journeyman Construction, Mason Joseph Co. and BBG Inc.
Prasiti Asset Manager Acquires Texas Property
A JLL Capital Markets team represented the seller, CEG Multifamily LLC, in its disposition of Retreat at Western Hills, a 224-unit apartment community.
Lantower Residential Acquires Austin Apartments
Edgewater is located in the city’s tech hub and includes 328 units, a dog spa, two pools and a recreational pond.
JV Continues Expansion in Austin Student Housing Market
The purchase of Signature 1909 marks The Preiss Co.’s third acquisition in joint venture with TH Real Estate, and brings its current market presence to 3,640 beds.
Austin’s Muze Reaches Construction Milestone
The team behind Parallel Co.’s 502-bed asset include architect Rhode Partners, product designer Sixthriver and general contractor Rogers-O’Brien.
Two Senior Housing Communities to Open in North Austin
Fort Worth-based Civitas Senior Living acquired the assets earlier this year and plans to open the facilities later this autumn. The properties include a variety of amenities that promote interaction.
Luxury Student Housing Asset in Austin Changes Hands
CBRE’s Jaclyn Fitts, William Vonderfecht, Casey Schaefer, Charles Cirar, Michael Wardlaw and Colin Cannata completed the sale, while Ben Roelke together with Ian Walker arranged the financing.
Leon Capital Breaks Ground in Austin
The 262-unit Society will have a heavy focus on technology, pulling inspiration from the city’s reputation as a tech destination. Amenities will include creative office space and a resort-style pool.
Construction Surge Hinders Rent Growth in Austin
Supported by an expanding population and robust job growth, multifamily demand remains consistent in the metro, where the average rent rose 1.3 percent year-over-year through June.