Found 3 blog entries tagged as portfolio.

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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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…

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StoryBuilt has built more than 50 communities to help thousands of homeowners live in the cities they love and has a $3 billion pipeline of projects that will be developed in the coming years.

Austin Business Journal reports, "many of the country’s fastest-growing cities have certain commonalities that make them magnets for population migration. Job opportunities, a rich culture and access to outdoor activities are a few of the reasons people are drawn to places like Austin, Dallas, Seattle and Denver.

What these places also have in common is a lack of housing stock to accommodate the thousands of people who move there each year. While housing developers often eye large tracts of land outside of cities where they can build hundreds of homes, suburban sprawl is taking a toll on the U.S. economy. And the cost of public infrastructure maintenance is weighing on depopulating towns across the country.

StoryBuilt is taking a different…

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