Found 2 blog entries tagged as multifamily development.

Wilson Capital's Jovie Belterra development is nearly complete. The first building was occupied as of mid-June, and the second building is expected to be complete in September. WILSON CAPITAL

Austin Business Journal shares, "Wilson Capital, one of the busiest multifamily development firms in Austin, continues a refinancing spree that began in January. 

The latest effort comes in the form of a $35.2 million loan originated from Southern Realty Trust Inc. for the refinancing of Jovie Belterra, a partially complete apartment complex in the Belterra neighborhood between Austin and Dripping Springs, according to a July 8 announcement.

“Since the beginning of the year, Wilson Capital has successfully refinanced multiple properties in the greater Austin area,” said Taylor Wilson, the company’s president, in a written statement.  “These transactions are consistent with a portfolio-wide recapitalization strategy to support lease-up activities…

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Journeyman Group's Augustine development on West Slaughter Lane is a five-story, 343-unit apartment project that will open in May 2026, according to its online portfolio. JOURNEYMAN GROUP

Austin Business Journal writes, "Multifamily development in Austin has slowed dramatically.

In April, 29,669 multifamily units were under construction across 104 communities in the metro, compared to 50,393 units under construction in 178 communities during the same month last year, according to ApartmentData.com.

The Journeyman Group ranked at the top of ABJ's latest list of multifamily real estate developers, with 3,944 units in the works or delivered in the Austin area last year. Journeyman Group has an additional 1,613 units planned for the area.

Alliance Residential ranked second on the list with 3,089 units in 2023, while The NRP Group took the No. 3 spot with 2,442 units. Wilson Capital ranked fourth with 2,135 units and Endeavor…

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