Austin
Texas Grabs 13 Places on Fortune’s 100 Best Workplaces for Millennials List
Fortune magazine and Great Place to Work recently published their first-ever ranking of the 100 best workplaces for millennials.
Coming Soon to Austin: “Surf’s Up!”
The ocean is being brought to Austin by engineer and surfer Doug Coors in the only inland surfing destination in North America. After 15 years of research for the wave technology that mimics a perfect break, NLand Surf Park is under construction with completion slated for 2016.
Austin Capital Advisors Eyes Growth in N. Austin Asset
The real estate private equity company Austin Capital Advisors (ACA) acquired a new multifamily community in the North-Central submarket, one of the city’s strongest regions, with increased transaction activity and strong economic fundamental.
Investor Likes the Terrain Near Williamson Creek
More is action taking place in the South Austin submarket. Recently, HFF announced closing the sale of Terrain, a 101-unit apartment community in the region.
After 12 Years Away, JPI Returns to Austin
Austin has seen consistent economic growth for the past several years, turning its multifamily industry into one of the most aggressive markets in the nation. National developer, builder, and investment manager of Class A multifamily assets JPI took note and announced the opening of its new office in Austin.
Austin’s Condo Craze Continues
The master redevelopment of the Green Water Treatment Plant near the corner of Cesar Chavez and San Antonio streets includes a 32-story LEED Gold registered high-rise placed on the shores of Lady Bird Lake.
Canadian Investment Trust Lands Mortgages on FedEx Warehouses
Canadian investment trust Pure Industrial Real Estate Trust (PIRET) has expanded its industrial portfolio by obtaining financing for eight of 11 properties in a FedEx distribution center.
Value-Add Strategy Drives Major Multifamily Buy in N. Austin
Two large value-add properties located in North Austin have changed ownership. The assets were marketed combined as the ‘North Austin 2000’s Portfolio’.
ONE Group Puts STK on the Menu
Texas is about to join the culinary likes of New York City, London, Milan, and Los Angeles. The ONE Group Hospitality announced signing an agreement with commercial real estate investment group World Class Capital Group to open an STK Rebel in Austin and an STK in Dallas.
Boutique M-F Asset Attracts Buyer From Down Under
Austin’s flourishing economy is a major attraction for local investors and in the recent years it started receiving international interest too. Recently, Australian real estate fund manager EG Funds Management purchased its first property in downtown Austin.