NY investor finally gets piece of Austin with apartment complex buy; renovations planned

The Praedium Group of New York City plans significant renovations for the property, which was recently valued at $48 million for tax purposes. Praedium executives have been eyeing the Austin area for awhile because it hits the sweet spot for two important metrics considered by the real estate investment firm.

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/07/05/ny-investor-finally-gets-piece-of-austin-fox-hill.html?ana=RSS%26s=article_search

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