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
Post South Lamar Phase II Finalized, Begins Leasing
The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.
Berkadia Secures $25M Loan for TX Community
Berkadia arranged the acquisition loan on behalf of Faudree Ranch Apartments LLC. The 300-unit community in Odessa, Texas, was 90 percent occupied at the time of the transaction.
The Citadel at Westpointe to Break Ground in San Antonio
The $33 million garden-style community will encompass 282 apartments and various amenities, including a resort-style pool and demonstration kitchen.
Capstone Adds 7 More to Texas Portfolio
The firm has been awarded management responsibilities for seven communities in the Texas area, rising its portfolio to roughly 38,000 units.
6 Notable Green San Antonio Developments
The list, based on Yardi Matrix data, includes projects that are either LEED-certified or are in the process of earning the designation.
Houston Portfolio Lands $130M in Financing
Berkadia arranged the financing for H7, a community that encompasses more than 2,000 units and was 93 percent occupied at the time of the transaction.
Albuquerque Project Targets Homeless Crisis
Scheduled for completion by fall 2017, the 52-unit expansion sponsored by the Joy Junction ministry will increase capacity at the largest facility of its kind in New Mexico.
Tarrytown Boutique-Style Community Announces Opening Date
Located west of MoPac, in Central Austin’s Tarrytown, the property includes 27 new residential units up for lease. The community offers the unique feature of having no stairs, only elevators to and from its underground parking.
Nitya Capital Acquires Vintage Community in Westchase District
The transaction increases Nitya Capital’s Texas portfolio to more than 9,000 units and $710 million worth of assets under management.
Lantower Residential Acquires NXNE in North Austin
North by Northeast is a 375-unit community built in Austin’s Tech Ridge submarket. Major tech companies such as Dell, Apple, IBM and Samsung have set up offices in the area.