BREAKING NEWS

Attorneys Lease Downtown Space

Houston Number One in Home Building in 2023?

Constellation Developing Industrial Project Near Hobby

Energy Corridor Building Acquired

Multifamily Construction to Fall 28 Percent, says NAHB

Woodforest Bank Buys Buildings in The Woodlands

REALTY NEWS REPORT - Logo

Banner
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Griffis Buys Austin Apartment Complex

by Realty News ReportFebruary 24, 2015
Share0
Avendaro at Canyon Creeek apartments in Austin.
Avendaro at Canyon Creeek apartments in Austin.

AUSTIN – Griffis Residential has acquired Avendaro at Canyon Creek, a 296-unit apartment complex in northwest Austin.

HFF worked on behalf of the borrower, Griffis Residential, to secure the nine-year, 3.56 percent, fixed-rate loan through a correspondent life insurance company.  Loan proceeds were used to acquire the property, and HFF will service the loan.

Avendaro at Canyon Creek is situated on 24 acres on Ranch Road 620 North, about 17 miles north of downtown Austin.

HFF debt placement team was led by senior managing director Eric Tupler, managing director Josh Simon, associate director Casey Wenzel and real estate analysts Leon McBroom and Bryan Harvey.

Griffis Residential is a multifamily real estate investment company that owns and manages approximately 6,000 Class A apartment units in Colorado, Nevada and Texas.  With a property portfolio valued at approximately $900 million, Griffis Residential, the second largest institutional quality Class A multifamily apartment owner in Colorado, is headed by Ian Griffis, David Birnbaum and Tom Barta.

Share0
previous post
Dinerstein Developing 375-Unit High Rise Near Texas Medical Center
next post
Houston Medical Office Market Gains Occupancy in 2014

Related posts

Attorneys Lease Downtown Space

Realty News ReportFebruary 7, 2023

Houston Number One in Home Building in 2023?

Realty News ReportFebruary 6, 2023

Constellation Developing Industrial Project Near Hobby

Realty News ReportFebruary 6, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
Property Logos
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
Evergreen Commercial Realty
STREAM Ad
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact