Six-property, $311 million multifamily portfolio sold
AUSTIN – Ascenda Capital and American Landmark Properties have purchased a six-property, 2,284-unit multifamily portfolio.
Provident Realty Advisors sold the assets for $311 million.
The properties are the:
320-unit, 96.8 percent-occupied Hyde Park at Lake Wyndemere, 2109 Sawdust Rd. in The Woodlands, renamed Artisan at Lake Wyndemere;
486-unit, 95.1 percent-occupied Hyde Park at Enclave, 12951 Briar Forest Dr. in Houston, renamed Hayden at Enclave;
306-unit, 97.7 percent-occupied Manor at Castle Hills, 1835 Lockhill Selma Rd. in San Antonio, renamed Alon at Castle Hills;
350-unit, 96 percent-occupied Hyde Park at Ribelin Ranch, 9900 McNeil Dr. in Austin, renamed Asten at Ribelin Ranch;
576-unit, 93 percent-occupied Hyde Park at Wells Branch, 2801 Wells Branch Pkwy. in Austin, renamed Beck at Wells Branch; and
256-unit, 96.8 percent-occupied Lakepoint at Las Colinas, 5353 W. Las Colinas Blvd. in Irving, renamed The Blvd.
No comments