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AUSTIN — ARA has brokered the sale of the 300-unit Bluffs at Town Lake, a multifamily community located at 2005 Willow Creek Drive in Austin. The property is 92 percent occupied and features amenities such as a cyber cafe, coffee bar, music area, fitness center, urban oasis pool, indoor basketball court and skyline views of downtown Austin. Andrew Shih of ARA's Austin office represented the seller, California-based Post Investment Group, in the transaction. Pacific Palisades, Calif.-based The Lighthouse Group was the buyer. Wells Fargo provided agency financing for the acquisition.