JLL Capital Markets arranges sale and financing of 341-unit luxury high-rise in Austin
United States, Oct. 26 -- JLL Capital Markets announced that it has completed the sale of Solaris House Apartments, a 341-unit luxury high-rise located in North Austin's Domain submarket, adjacent to one of the city's premier live-work-play destinations.JLL represented the seller, Brandywine Realty Trust, in the sale of the asset to Weidner Apartment Homes. JLL's Debt Advisory team also arranged acquisition financing for Weidner through Nationwide. The acquisition marks Weidner's fifth community in the Austin metropolitan area, expanding its local portfolio to 1,560 units.Completed in 2024, Solaris House offers 13 stories of apartment homes, averaging 945 square feet and featuring premium interior finishes, including granite countertops, st...
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