Austin Real Estate News - The Real Deal

Emma Stone’s $27M Austin estate hits the market

TRD Staff — Wed, 21 May 2025 18:00:00 +0000

An A-lister’s renovation project in Tarrytown is headed to market. Actress Emma Stone listed her recently renovated estate in the West Austin neighborhood for $26.5 million, positioning it among the priciest residential listings in the city, the Wall Street Journal reported. The 10,000-square-foot property, spanning 1.25 acres, includes a Georgian-style main house dating to the […]

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Entrada arrives in Austin’s massive student-housing market

TRD Staff — Tue, 20 May 2025 22:57:59 +0000

Austin’s student housing scene is growing up, and Entrada Partners wants in. The Dallas-based firm acquired a 243-bed student housing complex in West Campus, adding to its portfolio in one of the nation’s most active student housing submarkets, the Austin Business Journal reported. The firm purchased 24 Longview, a 70-unit property at 2401 Longview Street, […]

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Digital Realty nibbles piece of Google’s Sail Tower sublease

TRD Staff — Thu, 15 May 2025 20:30:00 +0000

Google is moving ahead with partially occupying and subleasing downtown Austin’s Sail Tower after years of speculation about its plans for the building. Google is marketing the top six floors of the 35-story tower at 601 West Second Street for sublease, the Austin Business Journal reported. One taker is Digital Realty Trust. The Austin-based data […]

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Another creative office play pops up amid slow development pipeline

TRD Staff — Wed, 14 May 2025 19:00:00 +0000

Another small-format office development is joining Austin’s sluggish development pipeline. California-based Redcar Properties is making its debut in the city with a creative office development in the St. Elmo District, about 20 minutes south of downtown, the Austin Business Journal reported. The 46,600-square-foot project is already under construction at 201, 205 and 207 St. Elmo […]

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Virtual reality firm’s $34M HQ bucks office development trend

TRD Staff — Tue, 13 May 2025 19:00:00 +0000

A design and technology firm focused on augmented and virtual reality is bucking trends in a market where office construction has nearly ground to a halt. Austin-based Kaalo is planning an office campus development in West Austin, the Austin Business Journal reported. It’s a rare ground-up office project when many developers are backing away from […]

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Keller Williams settles into another executive leadership change

Judah Duke — Wed, 07 May 2025 18:36:14 +0000

Keller Williams Realty is changing up its executive leadership amid broader shifts in the brokerage business. The Austin-based brokerage appointed a new chief financial officer and confirmed its chief operating officer. KW named Tim Dieffenbacher as CFO, while Stacie Herron was appointed COO after serving in the role on an interim basis, a news release […]

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Omninet’s Chase Tower Austin loan heads to special servicing

Jess Hardin — Wed, 07 May 2025 17:12:01 +0000

A loan backed by an Austin office building whose occupancy has slipped below 50 percent went to special servicing. The servicer said the CMBS loan tied to Chase Park Austin, at 7700 Chevy Chase Drive, is facing “imminent monetary default,” Morningstar Credit reported. The five-story office building is owned by Beverly Hills-based venture capital and […]

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Taylor Morrison bets on future rent growth with built-to-rent debut

TRD Staff — Fri, 02 May 2025 20:00:00 +0000

Homebuilder Taylor Morrison is betting on the tumultuous Austin multifamily market with the introduction of its built-to-rent brand Yardly to the area. The Arizona-based firm, which was Austin’s fourth-busiest homebuilder last year, is developing the 175-unit built-to-rent community Yardly Kelly Lane in Pflugerville, the Austin Business Journal reported. It’s the brand’s first development in the […]

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Starwood starts dumping Austin office as vacancy looms large

TRD Staff — Thu, 01 May 2025 18:20:22 +0000

Starwood Capital Group sold the first property in a nearly $200 million office portfolio, as the Austin office market grapples with high vacancy rates. Los Angeles-based BH Partners acquired the Park on Barton Creek, a 205,000-square-foot, two-building office complex in South Austin, from the Miami Beach-based firm, the Austin Business Journal reported. The sale price […]

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County sues to stop “traveling” tax loophole from bleeding $230M

TRD Staff — Wed, 30 Apr 2025 21:00:00 +0000

Hays County joined the growing chorus of Texas communities scrutinizing the quiet rise of the housing finance corporation tax loophole. The county where San Marcos is the county seat is pushing back against so-called “traveling” housing finance corporations, filing legal challenges against two far-flung out-of-county entities it says are still siphoning tax revenue without local […]

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