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AUSTIN, TEXAS — Newmark has brokered the sale of Walnut Park, a 277-unit apartment community in Austin’s Silicon Hills neighborhood. Built on 18.3 acres in 2016, Walnut Park features one- and two-bedroom units with an average size of 978 square feet. Amenities include a pool with a sundeck, clubhouse with a full kitchen and bar area, 24-hour fitness center, indoor spa and event space with a media room. Patton Jones and Andrew Dickson of Newmark represented the seller, locally based developer Larry Peel Co., in the transaction. Matthew Steinberg represented the buyer, Los Angeles-based Langdon Street Capital, on an internal basis. The sales price was not disclosed. Walnut Park was 97.5 percent occupied at the time of sale.

FORT WORTH, TEXAS — Marcus & Millichap has brokered the sale of Meadow Ridge, a 40-building, 484-unit multifamily property located on the west side of Fort Worth. The property was built on 24 acres in 1981. Meadow Ridge has one-, two- and three-bedroom units that, according to Apartments.com, range in size from 621 to 1,280 square feet. Amenities include two pools, courtyards and a tennis court. Al Silva of Marcus & Millichap represented the seller, Lubbock-based Madera Residential, in the transaction. Silva also procured the buyer, a Dallas-based private investment firm.

FORT WORTH, TEXAS — Houston-based investment firm Barvin has acquired Elan Crockett Row, a 380-unit apartment community located in Fort Worth’s West Seventh District. Built in 2019 by South Carolina-based Greystar, the property offers studio, one- and two-bedroom units with granite countertops, wine refrigerators and Honeywell smart thermostats. Amenities include a pool with outdoor lounges, covered grilling area with a TV, hammock garden with a fire pit and an elevated pet play area. The property also includes 7,200 square feet of retail space that is leased to Salsa Limon and F45 Training.