Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix.
Contact Anca at anca.gagiuc@cpe-mhn.com
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.
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.
Nashville Multifamily Report – Winter 2019
Boosted by its creative class, Nashville has emerged over the past decade as among the most desirable places to do business in the U.S. The trend is fueling multifamily rental demand, and developers are bringing new product on line at a record pace.
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.
Atlanta Multifamily Report – Winter 2019
Solid population growth and a strong economy continued to boost Atlanta’s rental market, with the city ranking third for rent growth among major U.S. metros last year.
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.