Weidner Buys Luxury Community in Austin
The deal brings the company’s local portfolio to 1,560 units.
Image courtesy of JLL Capital Markets
Weidner Apartment Homes has purchased Solaris House Apartments, a 341-unit luxury community in Austin, Texas, from Brandywine Realty Trust. The transaction marks the buyer’s fifth community in Austin, bringing its local portfolio to 1,560 units.
Nationwide provided an acquisition loan for the deal. The seven-year permanent note amounted to $74.8 million, according to Yardi Matrix information. JLL Capital Markets arranged both the sale and financing.
Weidner entered Austin’s multifamily market in August 2025, with the acquisition of The Alden at Cedar Park. Starlight Investments sold the 349-unit property after five years of ownership. The present transaction with Brandywine is part of a recent buying streak across the Southwest, coming on the shoulders of the firm’s purchase of Seasons of Traverse Mountains in Lehi, Utah. Weidner paid $130 million for the 440-unit property and renamed it Ridgeline at Traverse Mountain.
During the third quarter of this year, multifamily investment activity across Austin halved compared to the same period in 2025. Namely, between July and September 2026, the metro saw $342 million in sales, with 14 assets trading at an average per-unit price of $190,654, according to Yardi Matrix information. Over the course of the third quarter of last year, Austin registered $758 million in multifamily sales, with 21 properties changing hands at an average price of $166,389 per unit.
Zooming in on Solaris Homes
Developed by Brandywine Realty Trust, Solaris Apartment Homes opened in 2024 as the first project within the firm’s 66-acre, mixed-use master-planned development dubbed Uptown ATX. The development features 2.9 million square feet of multifamily space, 600,000 square feet of retail and hospitality space, 11-acres of parks and green areas, as well as 3.2 million-square-foot office component.
Rising 13-stories, Solaris Apartment Homes encloses 46 studios, 185 one-bedroom apartments and 110 two-bedroom residences averaging 945 square feet. Shared amenities include a fitness center, coworking lounge, pet spa, outdoor lounge and a rooftop pool deck with private cabanas.
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The mid-rise is at 2800 Solaris St., adjacent to The Domain, which encompasses 4.4 million-square-foot office and 2.2 million-square-foot retail space. The Domain is just off Texas State Route 1 and U.S. Route 183, which connect the area to downtown Austin, 12 miles south. Additionally, the multifamily is within 2 miles of the Walnut Creek Metropolitan Park and St. David hospital campus.
JLL Capital Markets Senior Managing Director Robert Wooten and Managing Directors Ryan McBride and Robert Arzola represented the seller in the transaction. Senior Managing Director Tom Wilson, Senior Director Jayme Nelson and Associate Jake Davidson led the firm’s debt advisory team, which arranged the financing.
