REBusinessOnline

ARA ARRANGES AUSTIN'S LARGEST MULTIFAMILY SALE YTD

AUSTIN — ARA has brokered the sale of the 608-unit Preserve at Travis Creek, a multifamily community located at 5800 SW Parkway in Austin. Amenities of the community include two resort-style swimming pools, a fully-equipped fitness center, aerobic studio, barbecue grills and a biking trail. The property is currently 96 percent occupied. Patton Jones of ARA's Austin office represented the seller, Dallas-based Invesco Real Estate, in the transaction. The buyer was Chicago-based Heitman. Preserve at Travis Creek is the largest multifamily property to have traded in Austin year to date.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Request media kit

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties