Multifamily news in Market Rate Housing - Austin
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Wildhorn Capital Buys 264-Unit Community
CBRE originated a $24.4 million Freddie Mac acquisition loan for the new owner.
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Sherman Residential Acquires Texas Property
Avenues at Creekside Apartments is situated in New Braunfels, a rapidly growing San Antonio submarket.
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JLL Arranges $27M Loan for 230-Unit Austin Sale
Marko Kazanjian, Chris McColpin, Rob Hinckley, Jackson Finch and Andrew Cohen represented the buyer of the recently refurbished property.
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HPI Residential Opens New Austin Community
In 2018, the company received a $25.1 million development loan from Texas Capital Bank for the project.
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Bluestone Properties Buys Austin Apartments
The purchase of The Ethos reflects the firm's strategy of pursuing stabilized, high-quality assets in high-growth secondary markets.
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Top Texas Metros for Multifamily Development in 2020
By August, developers had delivered 26,300 units in Austin, Dallas and Houston combined, placing the three areas among those with the highest multifamily completions in the country.
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Allied Orion Begins Construction of Austin Development
Humphreys & Partners Architects designed The Southbrook, located in the suburb of Leander, Texas.
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Castle Lanterra Buys Austin Community for $129M
The real estate investment firm picked up the 529-unit property in the Hyde Park neighborhood.
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Target Builders Secures $44M for Texas Development
The 376-unit, partially affordable project in San Marcos is slated for a 2022 completion.
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Aspen Heights Partners Begins Construction on Austin Community
The development is located within the East Riverside Corridor and will include 323 units and two interior courtyards.
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37th Parallel Expands Texas Portfolio
The company acquired three properties in Austin and San Antonio.
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Wildhorn Capital Secures Financing for Austin Acquisition
Mesa West Capital provided the loan for the purchase of Patten East in the East Riverside submarket.
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Lynd Acquisitions Group Buys 1,059-Unit Texas Portfolio
The deal included three communities located in Austin and Houston and will undergo a total of $20 million in capital improvements.
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The Michaels Organization Enters Austin Market
The company has begun construction on Zoey, a 307-unit riverfront development.
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PCCP Secures Financing for 2 Austin Deals
The two properties, located along East Sixth Street, comprise a total of 254 units.