Jul 3, 2018
Quest for investment in Austin ‘burbs’
CEDAR PARK – RSE Capital Partners has closed on two multifamily deals, in Cedar Park and Pflugerville, and is already eyeing a third in Leander. The firm says it wants to pour...
CEDAR PARK – RSE Capital Partners has closed on two multifamily deals, in Cedar Park and Pflugerville, and is already eyeing a third in Leander.
The firm says it wants to pour more than $100 million into the Central Texas multifamily market over the next two years.
It inked a deal with North American Properties in May 2018 to build a four-story, mixed-use development at 1910 Quest Pkwy. in Cedar Park.
Called Quest, the project will have 333 units and 11,000 sf of ground-floor amenities and services.
Construction is expected to wrap up third quarter 2020.
The site is adjacent to a new police headquarters, a library and an outdoor amphitheater and public park.
It’s exactly the type of product RSE Capital wants to help develop: new apartments in the suburbs or peripheral locations that are still close to major community hubs, retail and schools.
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