Partnership Acquires 177-Unit Apartment Community in Austin

AUSTIN, TEXAS — A partnership between two limited liability companies, 1500 RHD LLC and GV&A 4 LLC, has acquired Las Colinas Apartments, a 177-unit multifamily community in Austin. The loan features a 9.75-year term and a 30-month amortization schedule. Dougherty Mortgage arranged an undisclosed amount of acquisition financing for the transaction.