Austin
Developers Plan Senior Housing and 188-home Projects in Leander
By Camelia Bulea, Associate Editor
The City of Leander is welcoming two major housing projects, with the transformation of around 300 acres of land into a 188-home development, as well as a mixed-income and senior-housing project. The first housing project will […]
CBRE Selected for Huge Apartment Deal in Austin
By Camelia Bulea, Associate Editor
The sale of RIATA—an expansive apartment community in Northwest Austin—is to be one of the largest multifamily investment deals in the metro area when completed. CBRE Group Inc., represented by Charles Cirar, Ryan Reid, Michael Wardlaw […]
American Campus Announces Acquisitions Totaling $627M
By Camelia Bulea, Associate Editor
Austin-based American Campus Communities Inc. announced the completion of its due diligence investigation related to the acquisition of 15 student housing properties for $627 million. The properties were acquired under a merger agreement with affiliates of […]
JCI breaks Ground on 300-unit Buda Development
By Camelia Bulea, Associate Editor
Six months after JCI Residential made public its intention to build a $24 million multifamily complex in Buda, the Austin-based developer announced the groundbreaking of the new project. The 300-unit complex, called Silverado Crossing, is being […]
Sendera Acquires Luxury Apartment Complex in Austin
By Camelia Bulea, Associate Editor
Sendera Investment Group recently added a 250-unit apartment complex to its multifamily portfolio. The luxury property, called The Marquis Barton Creek, sits on 25 acres near the Barton Creek Resort and is tucked inside one of […]
Developers to Break Ground on 3 eleven Bowie in September
By Camelia Bulea, Associate Editor
Endeavour Real Estate Group, one of the developers of 3 eleven Bowie—a planned 36-story residential tower in downtown Austin, has released new details on the upcoming project. Construction on the luxury tower is slated to begin […]
10 Years, $6M Later… and No Development at Wildhorse Ranch
By Camelia Bulea, Associate Editor
The 1,700-acre Wildhorse Ranch project was a great dream, and would have been the largest deal of its kind at the time—as the city agreed to reimburse up to $30 million to install water and wastewater […]
The Austonian Condominium Tower Refinanced
By Camelia Bulea, Associate Editor
The owners of The Austonian have recently refinanced the 56-story luxury complex through Transwestern Structured Finance Group in Houston. No financial details were immediately made public.
According to the Austin Business Journal, Spain-based Grupo Villar Mir formed […]
City Council Allows 121-acre Gatlin Creek Development to Move Forward
By Camelia Bulea, Associate Editor
The Georgetown City Council unanimously approved a zoning change request at 4900 Williams Dr., thus allowing development on Gatlin Creek to move forward.
The proposed Gatlin Creek Development is planned to include an assisted-living center, a nursing […]
Leander City Council Approves 2,000-acre Development
By Camelia Bulea, Associate Editor
The first day of May marked the approval of a 2,000-acre development that will be built in Leander over the next decade. The upscale development will include 3,200 residential homes and apartments, retail space, park land […]