Texas

Evergrove-Leander

LEANDER, TEXAS — Haven Housing, the multifamily and affordable housing division of Los Angeles-based commercial real estate investor BH Properties, has acquired The Evergrove at Crystal Village, a 346-unit garden-style property in the Austin suburb of Leander. The seller and sales price were not disclosed. Located at 2090 Raider Way, The Evergrove was completed in 2024 and is located within Crystal Village, a master-planned, mixed-use development. The property was 92 percent occupied as of September. Situated on 15 acres, The Evergrove comprises a mix of one-, two- and three-bedroom apartments along …

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The-Barton-Austin

AUSTIN, TEXAS — Locally based OHT Partners has broken ground on The Barton, a 402-unit development on approximately 60 acres in Southwest Austin. Forty acres will be designated as green space. Located at 8956 W. State Highway 71, The Barton comprises one-, two- and three-bedroom units, 30 of which will be townhomes. Amenities include two resort-style pools, a 9,000-square-foot clubhouse, a 1,500-square-foot fitness center, 1,500 square feet of coworking space, two pickleball courts, a 1.4-acre dog park, a trail system and multiple community courtyards. OHT is serving as developer as …

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Coppertree-Village-Houston

HOUSTON — Fairstead, a New York City-based affordable housing developer, has completed the $26 million renovation of Coppertree Village, a 324-unit affordable housing community in the Acres Homes neighborhood of northwest Houston. Fairstead’s renovations included new kitchen cabinetry, countertops and energy-efficient appliances; upgraded bathrooms with new plumbing fixtures; a new outdoor playground; and perimeter fencing and controlled access. Units are rent restricted to 50 and 60 percent of area median income. Coppertree Village was originally developed in the early 1970s.

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230-West-Alabama-Houston

HOUSTON — Berkadia has arranged a two-property sale in Midtown Houston. The communities, 220 and 230 West Alabama, comprise 131 units. The buyer was locally based Fat Property. Berkadia’s Houston-based team of Kyle Whitney, Chris Curry, Jeffrey Skipworth, Chris Young, Joey Rippel and Tucker Fama represented the seller, an affiliate of Culver City, California-based Realty Center Management Inc. Built in 1960 and 1965 respectively, 220 and 230 West offer studio, one- and two-bedroom apartments as well as pools, fitness centers and pet amenities.

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Lookout-Pointe-Selma

SELMA, TEXAS — A joint venture comprised of affiliates of Inland Real Estate Group of Cos. and Cambridge Development Group is nearing completion of Lookout Pointe, a 281-unit development in the northeast San Antonio suburb of Selma. The first residences are slated for completion in October. The community is comprised of studios, one- and two-bedroom units complemented by a clubhouse, fitness center, business center, resort-style pool, dog park and a rooftop patio with a gas grill and outdoor entertainment areas.

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75-West-Dallas

DALLAS — Machine Investment Group and RPM Living Investments have acquired 75 West, a 490-unit community in the Park Central submarket of North Dallas. RPM will also serve as property manager. Located at 7927 Forest Lane, 75 West comprises 490 units, half of which are townhomes with attached garages. The property also includes approximately 10,800 square feet of fully leased ground-floor retail space. Machine plans to invest in deferred and preventive maintenance, amenity enhancements and operational improvements designed to stabilize the asset. The seller was not disclosed, but the asset …

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Birwood Heights-San-Antonio

SAN ANTONIO — IPA Capital Markets has arranged a $40.3 million loan to refinance the 312-unit Birwood Heights in San Antonio. The name of the borrower was not disclosed. IPA’s Brandon Roth, based in Palo Alto, California, worked with Adam Mengacci and Travis Headapohl in Dallas to secure the loan. The lender that provided the non-recourse bridge financing was also not disclosed. Birwood Heights was developed in 2019 and is comprised of one-, two- and three-bedroom units along with a resort-style pool, fitness center, outdoor grilling areas and resident lounges.

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The-Vic-Katy

KATY, TEXAS — Colliers has arranged the sale of The Vic at Jordan Ranch. Neither party to the transaction, nor the sales price, was identified. Jaleel Adatia, Chip Nash, Bob Heard and Nolan Mainguy of Colliers represented the seller in the transaction. Located at 2011 Texas Heritage Parkway in Katy, The Vic at Jordan Ranch is located within Jordan Ranch, a master-planned community. The property totals approximately 302,619 square feet and is situated along Texas Heritage Parkway.

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Juniper-Dallas

DALLAS — Larkspur Capital has begun pre-leasing at Juniper, a 219-unit community in Dallas’ Expo Park neighborhood. Located at 4003 Commerce St., the seven-story Juniper was designed by Dallas-based architecture firm Corgan. OHT Partners was the general contractor. The property features studios and one- and two-bedroom apartments as well as penthouses, townhomes and ground-floor retail. Amenities include a private half-acre park, coworking spaces, indoor-outdoor clubhouse, fitness center, pickleball court and a third-floor resort-style pool deck with views of the downtown Dallas skyline. Juniper is across the street from the Willow, …

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Lakeside-at-La-Frontera-Austin

AUSTIN, TEXAS — San Antonio-based Lynd has sold a three-property portfolio in Northwest Austin to Dallas-based Knightvest Capital for an undisclosed sum. Newmark’s Patton Jones and Andrew Dickson represented Lynd, and Newmark’s Tip Strickland and David Schwarz arranged acquisition financing on behalf of Knightvest. The portfolio, known collectively as The Silicon Hills Trio, is comprised of The Enclave at La Frontera (411 units), Lakeside at La Frontera (366 units) and Legends Lake Creek (250 units). Built between 2001 and 2004, the portfolio features an average unit size of approximately 936 …

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