Austin
ARA Newmark Gets Senior Managing Director in Austin Office
Matthew Day has more than 16 years of commercial real estate experience. In his new role he will oversee the company’s multifamily investments across Central Texas.
Sterling Real Estate Snaps Up Austin Asset
A joint venture between Barker Pacific Group and Pacific Real Estate Partners has acquired the 230-unit Spring Valley Apartments.
TX, AZ Affordable Senior Properties Land $18M Financing
Bellwether Enterprise arranged the complex financing for three age-restricted communities located in Kingman, Ariz., and Austin, Texas, using LIHTC and HUD funding.
JLL Secures Financing for Texas Community
The firm has arranged the Freddie Mac loan on behalf of Frontline Holdings for Rock 35, a 144-unit community located 19 miles from Austin.
Luxury Community Breaks Ground in South Austin
The 300-unit development is owned and managed by Oden Hughes, and is scheduled to open in 2019. This is the company’s sixth residential project in the area.
Austin Community Sale Brings Investors Solid Rate of Return
Cypress Real Estate Advisors acquired Lakeshore Pearl Apartments. ARA Newmark represented the seller in the transaction.
Lincoln Ventures to Develop 236-Bed TX Community
The ADC loan for the 66-unit Austin student housing property, slated to open in 2019, marks the second financing deal closed by Highland Realty Capital and WPC Realty on behalf of the company in the past months.
HFF Arranges Refinancing for TX Community
Working on behalf of Chappell Hill Investment Group Inc., the firm secured a 10-year, fixed-rate loan for Chappell Oaks in Belton.
On the Market: 5 Interesting Listings for the Week of 1/29
This week’s listings include a portfolio investment opportunity in Prince George’s County, Md., a new development in the Irvington neighborhood of Portland and an affordable housing community in Dallas.
Austin-Area Nursing Community Changes Hands
HFF negotiated the sale of Park Manor at Bee Cave, a 140 post-acute skilled nursing community located on the western outskirts of Austin.