Austin
Ziegler Closes $95M Financing for Austin Asset
The five-star, CMS-rated community encompasses 301 independent living units, assisted living suites and nursing beds, sponsored by the alumni association of the University of Texas.
Austin Luxury Condo Tower Tops Out
Fifth & West boasts 315-degree vistas, due to its unconventional triangular shape and location within the Capitol View Corridor. It is anticipated for delivery later this year.
Orion Acquires Austin Community
CBRE arranged a 10-year fixed rate loan through the Fannie Mae Green Financing program for the acquisition of the 199-unit property.
JV to Invest $550M in National Portfolio
Cortland Partners, Canada Pension Plan Investment Board and GIC plan to acquire and renovate 8,000 to 10,000 Class B multifamily units across the U.S.
Oden Hughes Breaks Ground on Luxury Community in Austin
The community, slated for completion in early 2019, will feature an on-site Community Work Studio, similar to the shared workspaces for lease throughout Austin.
JPI Closes Sale of 362-Unit Austin Property
The class A Sur 512 includes amenities such as picnic and grilling areas, Bluetooth-enabled locks and 616 parking spaces.
Capstone Grows TX Management Presence
The company adds another four properties with a total of 512 units to its portfolio.
Supply Catches Up With Demand in Austin
The Texas capital boasts a strong economic and population growth, maintaining a steady demand for multifamily, despite the temporary surge in supply.
Presidium, Partners Group Close $210M Recap
The two companies signed a $210 million recapitalization deal for a portfolio comprising eight assets, one of which is under construction.
Top 10 Austin Apartment Owners
The city’s economic, demographic and social trends have a magnetic effect on developers and investors alike. Even though investment activity has softened compared to last year’s cycle high, some $961 million in multifamily assets traded as of October.