BREAKING NEWS

RNR Real Estate Briefs – HOU, AUS, DAL & more

Hines Lands Berg Restaurant in Downtown Tower

Harold Farb Skyscraper Sold

Hotels Sold for $137 Million

High Mortgages Frustrate Buyers

RNR Real Estate Briefs – HOU, AUS, DAL & more

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

Texas Apartment Roundup

by Realty News ReportJanuary 14, 2012
Share0

 HOUSTON – Crossbeam Capital bought the 348-unit Enclave at Woodbridge Apartments, 15015 W. Airport Blvd. in the Sugar Land area on Houston’s southwest side.  Crossbeam, formed as a result of the meger of Maryland-based Crossbeam Capital and Houston-based Concierge Asset Management, has been active in Texas multifamily recently.

SAN ANTONIO – Hendricks & Partners  announced the sale of Reserve in Alamo Heights (200 units), located at 8446 Country Village Street in San Antonio. The property is located near the junction of the Loop 410 and McAllister freeways. The Seller was JPMCC 2006-LDP9 Alamo Heights, LLC of Miami Beach, FL. The transaction was negotiated by Mike Miller, Chris Ross, and Will Caruth of the San Antonio office of Hendricks & Partners on behalf of the Seller.

AUSTIN, Texas – HFF has arranged $25 million in financing for University Towers, a 184-unit, 641-bed, off-campus, dormitory-style student housing project serving the University of Texas at Austin in Austin, Texas. Working on behalf of Cardinal Group Investments, LLC, HFF placed the adjustable-rate loan with a national debt fund.  Loan proceeds were used to acquire the property. University Towers consists of three residential towers, a six-story, 575-space parking garage and 35,840 square feet of ground floor retail space.  The property  has a full-service cafeteria that serves meals to students every day.  Located at 801 West 24th Street, University Towers is in the West Campus area within walking distance to the University of Texas campus, which has more than 51,000 students. The HFF team representing the borrower was led by Pat Burger, Tim Wright and Doug Opalka. Cardinal Group Investments is the investment sponsor arm of Cardinal Group of Denver.

 

Share0
previous post
New $50 Million Headquarters Underway for Realogy
next post
Houston Home Sales Rebounded in 2011

Related posts

RNR Real Estate Briefs – HOU, AUS, DAL & more

Realty News ReportMarch 31, 2023

Hines Lands Berg Restaurant in Downtown Tower

Realty News ReportMarch 30, 2023

Harold Farb Skyscraper Sold

Realty News ReportMarch 29, 2023March 30, 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