Palladius Capital gets apartments in fast-growing Austin suburb
Posted by Grossman & Jones Group on
A major real estate investor in Austin has acquired a sizable apartment complex in the fast-growing suburb from a prominent developer based in the city.
Palladius Capital Management acquired the 342-unit, located in Kyle from Endeavor Real Estate Group, which completed the project earlier this year.
The sale price was not disclosed.
Kyle and other areas south of Austin have proven to be a popular market for multifamily construction and projects as of late
The complex Palladius got is called Citizen House Kyle, and located along the I-35 Innovation Corridor, part of the larger Dry River District, which includes a 65-acre mixed-use community also being developed by Endeavor Real Estate Group. The deal for the apartment complex includes one-…
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