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Texas  + Apartments  | 

Waterton Lands 3-Property, 950-Unit MF Portfolio

Chicago-based Waterton acquired a three-property multifamily portfolio totaling 950 units in Austin. The acquisition marks a reentry into the Austin real estate market for Waterton, having sold its last local asset in March 2015.

Waterton’s David Schwartz says, “These are high-quality assets in prime locations, just north of the Domain and within North Austin’s tech corridor. The three properties will undoubtedly be strong additions to our growing portfolio in Texas and nationwide.”

Built in 1995, 1996 and 1997 respectively, the properties, formerly owned by Newton, MA-based Northland Investment Corporation, are located roughly 14 miles north of Austin’s CBD and include:

– Madison at Stone Creek (6800 McNeil Dr.): 390 units across 19 three-story garden-style residential buildings
– Madison at Wells Branch (3201 Century Park Blvd., pictured): 300 units across 15 two- and three-story garden-style residential buildings
– Madison at Scofield Farms (13401 Metric Blvd.): 260 units across 13 two- and three-story garden-style residential buildings

It’s time to register for this year’s Connect Texas Multifamily Conference on Aug. 15! For information and to register, click here.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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