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AUSTIN, TEXAS — Ohio-based The Connor Group has purchased the 169-unit Crescent, a five-story multifamily property located at 127 E. Riverside Drive in Austin, for $33.5 million. The seller was Crescent Apartments, a Texas-based limited liability company. The Crescent is The Connor Group's third apartment community in Austin. The Crescent features skyline views of Austin, a saltwater pool, media room, rooftop terrace and a parking garage.