NRP Group Breaks Ground on Catalina Three Hundred Thirty Six Unit Affordable Housing Community in Travis County
The NRP Group has closed financing and broken ground on Catalina, a 336-unit affordable housing community in Travis County near Austin developed in partnership with the Housing Authority of Travis County (HATC). Catalina is planned to serve households earning between 30% and 70% of area median income, with a portion of units reserved as deeply […]Balfour Beatty Communities Expands Texas Footprint With Avanti Cityside Near Texas Medical Center
Balfour Beatty Communities has expanded its Texas multifamily footprint with the acquisition of Avanti Cityside, a 378-unit community in Houston’s Texas Medical Center submarket. This marks the company’s third Texas investment in the past 18 months, following River Pointe in Conroe and The Leonard in Denton. Constructed in 2007, Avanti Cityside comprises more than 362,000 […]PEF Advisors Preserves Affordable Senior Housing With Carroll Tower Acquisition In St Charles
Preservation Equity Fund Advisors (PEF Advisors) has acquired Carroll Tower, a 108-unit affordable senior housing community in St. Charles, Illinois. The six-story property, originally developed in 1984 as a Project-Based Section 8 community, serves residents 62 years of age or older and is positioned along the Fox River in downtown St. Charles, adjacent to Hotel […]Sagard Real Estate Acquires Belmont Place in Marietta Expanding Southeast Multifamily Footprint
Sagard Real Estate has acquired Belmont Place, a 326-unit Class A garden-style multifamily community located at 2825 Windy Hill Road Southeast in Marietta, Georgia. The property sits in Atlanta’s Cumberland/Galleria submarket and expands Sagard’s multifamily footprint in the Southeast. Built in 2004, Belmont Place comprises 12 residential buildings across a low-density 25.75-acre site. The community […]Avia Equities Expands Into San Antonio With Acquisition Of Blair At Bitters
Avia Equities has added Blair at Bitters, a 190-unit garden-style community in San Antonio, Texas, to its Central Texas portfolio. The acquisition reflects the firm’s focus on well-located, attainable housing in high growth markets and advances a value-add business plan that targets interior and exterior renovations, along with upgrades to common areas and amenities to […]