SPI Advisory Acquires Parkview Terraces, A 244-unit South Austin Multifamily Property

Parkview Terraces, a 244-unit apartment community in South Austin, has been acquired by SPI Advisory. The property, originally developed in 2009 as Cortland Southpark Terraces, recently underwent renovations. The seller and sales price were not disclosed.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 244
• Market: Austin

SPI Advisory, represented by Michael Becker, facilitated the acquisition of Parkview Terraces. The details of the transaction, including the buyer's representative and any additional parties involved, were not provided.