Recently Sold Wilder’s Lease-Up Epitomizes the Austin Growth Story

Wilder, a 381-unit apartment community located in Austin, recently sold to Chicago-based Redwood Capital Group, a multifamily investment manager, along with its partner Pacific Life. The sellers were Hudgins Companies and Maverick Development Group.

John Carr and Ben Fuller of Cushman & Wakefield represented the sellers in the transaction.

“The South I-35 marketplace has seen prolific growth over the last several years and compelling rent growth over the last six months,” says Carr. “Wilder offers top-of-the-market amenities and interior finishes at attractive price point compared to downtown or South Congress, while still offering great access to major job hubs.”

Wilder was built in 2021 and has South Austin Hill Country views.

“Lease-up at Wilder epitomized the Austin growth story, with qualified renters filling the property at a breakneck pace,” Fuller said. “The organic rent growth and fantastic leasing velocity combined with top-tier finish-out and construction made Wilder an attractive acquisition for institutional capital.”