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AUSTIN (GlobeSt) – Austin is one of the few markets encouraging developers to seek out land and break ground on new projects, especially in the multifamily sector, according to one local multifamily market expert.“The apartment absorption in Austin has been tremendous,” said Andrew Shih, a director with Apartment Realty Advisor’s local office. “Occupancies and rents have […]
Continue Reading →AUSTIN (Austin American-Statesman) – Post Properties Inc. is moving forward with its long-delayed South Lamar Blvd. apartment project.
The 298-unit development at 1500 S. Lamar had been proposed years ago but hit several bumps along the way. The community will replace an older complex that had low rents.
The $41.7 million project will include 8,555 […]
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