"For Pearlstone Partners, $700 million in new investment is on tap for Austin market"
Posted by Grossman & Jones Group on
Austin American-Statesman writes, "Pearlstone Partners is doubling down on its commitment to growing in Austin.
Over the next three years, the Austin-based real estate investment firm said it plans to add three new projects totaling upwards of $700 million to its expanding portfolio. The new developments will further redefine the skyline and urban living in the city, Pearlstone officials say.
The privately held Pearlstone — one of the largest providers of for-sale housing in and near downtown Austin —already has invested about $500 million in two completed residential projects and three that are under construction.
Now, it is seeking capital partners for three future projects. The planned projects will add an additional $700 million to…
6 Views, 0 Comments