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Texas  + Austin  + Apartments  | 
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ORIX Acquires Two Texas Rental Assets

An ORIX Corporation USA affiliate acquired three multifamily properties totaling 1,029 units in Texas (two) and Georgia (one). The transactions, representing approximately $200 million in aggregate value, expand ORIX USA’s multifamily equity portfolio and reflect the firm’s continued investment in residential real estate across the United States.

Lookout – Dripping Springs, Texas: ORIX USA acquired Lookout, a 241-unit multifamily community in Dripping Springs, outside Austin. Completed in 2025, the Class A+ Gurban property is an asset purchased at a discount to replacement cost. ORIX USA plans to stabilize the property while investing in technology, amenities and other enhancements.

Vic at Jordan Ranch – Katy, Texas: ORIX USA also acquired Vic at Jordan Ranch, a 365-unit, Class A garden-style multifamily community in Katy, Texas. The asset is stabilized and in the Jordan Ranch master-planned community, an area benefiting from continued growth and future development. The team will focus on targeted operational improvements that enhance the property 

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition
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