RockFarmer Properties, a privately held, fully integrated vertical development and investment firm based in New York City, is pleased to announce the acquisition of Sofia, a 210-residence garden-style multifamily development located at 2201 Willow Creek Dr. in Austin, Texas for an undisclosed price. This transaction marks RockFarmer Properties’ third venture.
AUSTIN, TX - RockFarmer Properties, a privately held, fully integrated vertical development and investment firm based in New York City and Wildhorn Capital, an Austin, TX-based multifamily operator, announced the acquisition of Enclave at Waters Edge, a 184-residence multifamily development located at 12330 Metric Blvd in Austin, TX, for an undisclosed price.
This transaction marks RockFarmer Properties’ second venture into the Austin, TX, multifamily market – and marks the fourth.
RockFarmer Properties buys second Austin apartment complex - Austin Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
NYC-Based Firm Teams Up Again with Austin-based Operator Wildhorn Capital to Acquire Enclave at Waters Edge Apartment Homes; Plans Additional Acquisitions.
New York-based RockFarmer Properties is expanding its
footprint in the Texas multifamily market.
The development and investment firm has partnered with
Wildhorn Capital, an Austin, TX-based multifamily operator to acquire SoNA
Apartment Homes, a 164-residence garden-style multifamily development. The sale
price was undisclosed.
The company joins a slew of investors zeroing in on Austin,
the fastest growing big metropolitan city in the country. According to most
recent U.S. Census Bureau figures, Austin’s population increased to an estimated
2,295,303 people as of last July, a three percent increase from the previous
year.
The population boom has attracted investors including One