The company has closed on its fourth acquisition in the metro, adding another 50 units to its portfolio. : Rastegar Property Co. has acquired yet another property in Austin, Texas, a 50-unit asset in the capital’s St. Johns submarket. Dubbed Highland Heights, the community will be subjected to a complete renovation. Highland Heights is located on a 1-acre lot at 803 Tirado St., at the intersection of Interstate 35 and Highway 290.