Austin company pays $31M+ for Antioch apartments
An Antioch garden-style apartment complex has sold for $31.05 million, with the new owner a Texas-based entity that continue to purchase similar product within the local market. Located at 325 Blue Lake Circle, Timberlake Village Apartments offers 252 residences. The new owner is Austin-based GVA Real Estate. The seller was St. Louis-based Timberlake Apartment Associates, which […]
Capstone Arranges Nashville-Area Portfolio Sale
Capstone Apartment Partners has brokered the sale of three properties totaling 475 units in the Nashville, Tenn. area. MACC Venture Partners sold the garden-style portfolio to GVA Real Estate. Partner Alex McDermott, Managing Director Adam Klenk, Senior Advisor Tyler Mayo and Advisor Jonathan Hawks led the Capstone team representing the seller and procuring the buyer. […]