DALLAS AND AUSTIN, TEXAS — Newmark has arranged the sale of and acquisition financing for two Texas properties acquired by Austin-based Karlin Real Estate. The two properties were Echo and Brady. Echo is a 274-unit, seven-story property that features such amenities as a seventh-floor sky lounge with downtown views and structured parking. Brady is an 18-story, 299-unit community in Uptown Dallas that includes a roof-top terrace, a pool, a fitness and business center and pet facilities. Newmark’s Austin- and Dallas-based teams that arranged the transaction were led by Patton Jones, Andrew Dickson, Brian O’Boyle Jr. and Brian Murphy. Jonathan Firestone, Blake Thompson and Travis Bailey secured an disclosed amount of financing on behalf of the buyer.
The 274-unit Echo in Austin was one of two properties Karlin Real Estate have acquired in Texas.
Newmark Arranges Two-Property Sale in Austin and Dallas
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