Finance & Investment - Austin
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JLL Facilitates Sale of Texas Community
The brokerage company represented the seller, Barker Investments, in the disposition of Whispering Oaks in Lockhart, Texas.
14 August 2019 20:22 -
Waterton Reenters Austin With 950-Unit Acquisition
After exiting the market in 2015, the company has now acquired three communities in Texas' capital, 14 miles north of the metro’s CBD, betting on a value-add strategy.
07 August 2019 17:56 -
SWBC Acquires Value-Add Asset in West Austin
SWBC plans to further upgrade the rental units and bring the garden-style community up to current standards for high-end assets.
02 August 2019 12:49 -
Rastegar Property Acquires 2 Austin Communities
The company purchased Zilker Place Apartments and Redbud Bungalows, both of which are set to undergo capital improvements.
26 July 2019 17:16 -
Affordable Housing: Is Austin Becoming the Next Palo Alto?
Affordable Central Texas' David Steinwedell and Carleton Residential Properties' Printice Gary share their views on Austin’s looming affordability crisis in the workforce housing sector.
12 July 2019 12:55 -
Greystone Arranges Fannie Mae Loan for TX Asset
The Green Rewards refinancing loan, which carries a 10-year term, is estimated to reduce the property’s utility usage by 30 percent.
05 July 2019 08:19 -
CDT Forms JV to Buy 452-Unit Asset for $70M
The Bridge at Asher Apartments acquisition is the company’s fourth investment with the Housing Authority of the City of Austin and its nonprofit affiliate, the Austin Affordable Housing Corp.
04 July 2019 10:00 -
Hunt Real Estate Capital Arranges $55M for Austin Apartments
The community is part of a $311 million Texas portfolio acquired in April by American Landmark and Electra America.
03 July 2019 14:21 -
Value-Add Asset Draws TN Investor
LEDIC Realty Co. has acquired Enclave at Water’s Edge, a 184-unit community in the IBM area, from Hamilton Zanze & Co.
20 June 2019 16:39 -
CBRE Arranges Acquisition Loan for Austin Student Housing
The 135-unit student housing community features a mix of studios to four-bedroom units. The property serves students attending the University of Texas.
08 May 2019 13:48 -
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.
08 May 2019 08:18 -
Austin Condo Project Scores $88M Loan
Pearlstone Partners and Newgard Development Group will use the construction financing to break ground on the 249-unit property in the city's Rainey Street District by the end of June.
30 April 2019 13:12 -
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