NY REIT 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-reit-finally-gets-piece-of-austin-with.html?ana=RSS%26s=article_search

#Austin Check out URLinkedUp > http://www.urlinkedup.com


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s