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Rastegar Property Buys 30-Unit Multifamily Asset in Austin for Condo Conversion

AUSTIN, TEXAS — Rastegar Property Co., a locally based investment firm, has purchased Escala Apartments, a 30-unit multifamily asset located in Austin’s Clarksville neighborhood. The property offers proximity to the employment hubs of Google, Indeed and Facebook. Rastegar plans to create residential condominium units and to renovate and modernize the building exterior and the interior of each unit.

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

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