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Posted on: Sept. 13, 2019, 8:01 a.m.
The new ownership intends to complete the renovations the previous two owners initiated and further stabilize the property. : Lion Real Estate Group and Marble Partners have acquired Array Apartments, a 369-unit community in Austin, Texas. The deal marks the fourth acquisition of the joint venture in the East Riverside neighborhood, where it owns Alister, Emerson and Sofia Apartments. According to Yardi Matrix data, the previous owner—New York-based Castle Lanterra Properties—held ownership of the asset since 2016, when it acquired ... Full investment news articleRelevent to this post: Emerson Collective American University,