Austin
Pearlstone Condo Project Lands Construction Debt
Waterloo Real Estate Investments and Highland Realty Capital arranged a $26.5-million construction loan on behalf of Austin-based Pearlstone Partners for… Read more
Sparrow Partners Buys Acreage at Kyle’s Plum Creek
Newmark Knight Frank arranged the recent land sale of six acres, part of 125 acres sold in the past 12… Read more
South Lamar Taco Mainstay Goes into Contract
Maria’s Taco Xpress, a fixture in Austin’s South Lamar neighborhood since 1997, is shutting down at year’s end. The property… Read more
Kyle Will Get its First Active-Adult Community
Sparrow Partners will break ground next week on the first 55+ active adult community in the Austin suburb of Kyle.… Read more
Local Investor Group Buys Gonzales Hotel
Marcus & Millichap finalized the sale of Microtel Inn & Suites Gonzales, a 53-key hospitality property in Gonzales. A team of Houston-based… Read more
Senior Resource Group Opens Memory Care Tower at The Domain
Senior Resource Group (SRG) recently held the official opening of Maravilla at The Domain’s North Tower, which houses 34 specially… Read more
Silicon Labs, STRATIS Partner on IoT for Apartments
Austin-based Silicon Labs and Philadelphia-based STRATIS have collaborated on a new smart home solution built specifically for apartment complexes. The STRATIS 3.0 Gateway (STRATIS… Read more
Retail Sales Vet Buckner Joins Foresite
Michael Buckner, a first VP of investment sales at Marcus & Millichap, has moved to Foresite Commercial Real Estate after 16 years… Read more
Pearlstone Set to Break Ground in Old West Austin
Locally based Pearlstone Partners will break ground this month on Cascade Condominiums, a 113-unit residential project in Old West Austin.… Read more
L.A. Buyer Snags Austin Luxury Apartments
FourPoint Investment Sales Partners arranged the sale of Ethos Apartments in Austin. Built in 2014, Ethos Apartments is a 372-unit luxury garden apartment community. … Read more
Pennybacker Capital Hires Two Senior Execs
Pennybacker Capital Management, a real estate-focused private equity firm managing $3.2 billion of investments, named two new senior executives within its credit… Read more
FiberLight Expands at H5’s San Antonio Data Center
FiberLight has expanded connectivity at H5 Data Centers’ San Antonio facility, located at 100 Taylor St. in downtown San Antonio.… Read more
Lincoln Wraps 7th Student Housing Build Near UT Austin
Austin-based student housing developer Lincoln Ventures has completed its latest project, Moontower, near the University of Texas campus. The new 18-story high-rise,… Read more
NKF’s Patton Jones Arranges Sale and 1031 Deal
Newmark Knight Frank arranged the sale and financing of Regency Park–a 528-unit value-add multifamily asset in south Austin–and Travis at… Read more
Rosewood Arranges Multifamily Deals in SA, Waco
Rosewood Realty Group arranged the sale of two large new-construction multifamily properties totaling 528 units in Texas. They included the 268-unit… Read more
Whataburger-Anchored Retail Trades in Tyler
An Austin-based investment group has acquired a Whataburger-anchored project located at 16772 FM 2493 in Tyler. The seller was a… Read more
Bellwether Closes Affordable Deals in Austin, DFW Metro
Bellwether Enterprise Real Estate Capital LLC closed three loans totaling $88.4 million for the creation and preservation of affordable multifamily housing in… Read more
Allied Orion Adds Leander Project to Austin Portfolio
Allied Orion Group has broken ground on The Southbrook (formerly known as The Retreat at Oak Creek), a 360-unit, garden-style… Read more
KBS Names Gio Cordoves Regional President
Newport Beach-based KBS promoted Giovanni (Gio) Cordoves from SVP and co-director of asset management to Regional President of the Western… Read more