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722-unit New Braunfels, Corpus Christi apartment portfolio sells

Austin Real Estate News

July 8, 2022

NEW BRAUNFELS – An Austin-based investment and management firm has sold 722 multifamily units in New Braunfels and Corpus Christi.

The portfolio comprises studio and one- and two-bedroom units across multiple properties.

David B. Norton Inc. arranged a $15.5 million preferred equity investment behind a $105 million senior loan.

Source

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