Finance & Investment - Austin
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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.
17 April 2019 07:00 -
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.
16 April 2019 13:20 -
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.
11 March 2019 14:31 -
Mixed-Income Development Lands $61M Financing
Mission Trail at El Camino Real in San Marcos is scheduled to break ground in the next few months, with preleasing anticipated to begin this fall.
21 February 2019 11:46 -
Hunt Real Estate Secures Financing for Austin Asset
The 12-building property is fully affordable, restricted to individuals and families earning 60 percent or less than the area’s median income.
29 January 2019 17:59 -
Cardone Capital Buys, Rebrands Austin Luxury Property
The 10X Living at Grandview community, which was previously known as Gables Grandview, comprises 34 buildings totaling 458 units.
10 January 2019 11:33 -
Transwestern Sells Austin Community
Completed in 2016, the 346-unit property is at the epicenter of new development activity in the city's popular East Sixth district.
08 January 2019 11:10 -
Wildhorn Capital Enters Austin Market
The locally-based multifamily investment firm completed its first transaction in the city by acquiring the 284-unit Reserve at Walnut Creek community.
26 December 2018 12:28 -
Bellwether Enterprise Arranges $24M Financing for Austin Community
The firm worked on behalf of the city’s Housing Authority to facilitate the 12-year Fannie Mae loan for the 308-unit, 14-building property.
27 November 2018 16:50 -
NKF Arranges Sale of 3 TX Assets in 2 Deals
All three assets, totaling 905 units, are located in south Austin. Farmhouse is a core luxury community, while Estates at Southpark Meadows and Terraces at Southpark Meadows are value-add properties.
12 November 2018 17:33 -
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.
10 October 2018 17:05 -
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.
25 September 2018 07:05 -
Austin Trophy Tower Changes Hands
American Realty acquired Northshore, a 439-unit property with 52,083 square feet of retail and office space, from High Street Residential.
28 August 2018 14:54 -
KeyBank Secures Construction Loan for Affordable Housing in Austin
The community will include 302 units and will be developed by a public-private partnership between The NRP Group and Strategic Housing Finance Corp. of Austin County.
22 August 2018 15:09 -
CA JV Acquires Value-Add Asset in Austin
Dekel Strategic Investors and Arrowroot Real Estate are planning to make renovations to Mueller Place, which was built in 1969.
20 August 2018 16:22