The Austin multifamily market continues to demonstrate resilience and attractive investment opportunities, despite challenges posed by a variety of factors.
CRE News
Thriving opportunities in Austin’s multifamily sector
StreetLights Residential breaks ground on The Galatyn
Dallas-based StreetLights Residential has commenced construction on The Galatyn, a 20-story high-rise community featuring 56 penthouse-style apartment homes. Situated in the Upper McKinney District, where Harvard Avenue meets Highland Park, it stands across McKinney Avenue from its sister residential building, The McKenzie. Located on the quieter side of nearby Knox Street, The Galatyn is in close proximity […]
Firehouse Subs to open new restaurant in Saginaw
The Woodmont Company is delighted to announce the execution of a lease for Firehouse Subs that will establish its presence in Saginaw, Texas. The forthcoming 1,300-square-foot Firehouse Subs restaurant location will find its home at 1017 N. Saginaw Blvd., Saginaw, Texas. Firehouse Subs is a well-established name in the quick-service restaurant sector with over 1,200 […]
Nova Capital secures $55.85 million in financing for apartment acquisition In Weatherford
Nova Capital, a Los Angeles-based real estate capital advisory firm, has secured a combined $55.85 million in financing on behalf of Darwin German Real Estate, a full service real estate investment firm that specializes in multifamily investments, for the acquisition of The Mark at Weatherford Apartments, a 355-unit Class A multifamily property in Weatherford, Texas. The financing, […]
Networking
Chelby Sanders joins Cresa
Industry veteran Chelby Sanders has joined Cresa, the world’s leading occupier-centric commercial real estate firm, as a managing principal, announced Sharon Morrison, managing principal, and Texas market leader. She will be based in the firm’s Dallas office. A well-respected advisor who has negotiated some of the largest, highest-profile deals in the Dallas-Fort Worth area over the years, […]
Michael Padavic hired at DAHLIN Architecture | Planning | Interiors
Most recently with StoryBuilt, Michael has joined DAHLIN’s Austin office. A design leader, Michael provides direction for the design vision of projects with an emphasis on innovative urban infill development. His diverse experience includes residential, office, retail and hospitality as well as public projects, including K-12 schools and districts. Outside of his project leadership, Michael […]
Jason Geer hired at CAF Capital Partners
CAF Capital Partners, a Dallas-based private equity real estate firm is pleased to announce the addition of Jason Geer as Senior Vice President of Acquisitions. Prior to joining CAF Capital Partners, Geer spent more than 25 years with Invesco Real Estate. At CAF Geer’s role will center on driving ongoing expansion efforts in the Southeastern […]
Corbin Janssen hired at Planned Community Developers
Planned Community Developers (PCD), a seasoned developer with a 40-year legacy in the Houston region, is thrilled to welcome Corbin Janssen as Senior Vice President. In this role, Corbin will spearhead identifying and evaluating new investment and development opportunities, locally and regionally, while participating in the sale, lease, and development of PCD’s growing portfolio.
Dominic Karaba hired at Veritex Community Bank
Karaba has more than 28 years of experience in the banking industry. As President of Veritex, he will oversee all revenue lines of business, as well as strategic revenue initiatives, with the goal of driving sustainable growth. Karaba will report directly to C. Malcolm Holland, III, who will remain Chief Executive Officer and Chairman of […]