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Virtus Real Estate Capital Acquires 270-Unit Multifamily In Cedar Park, Texas

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Virtus Real Estate Capital Acquires 270-Unit Multifamily In Cedar Park, Texas

12638 Ridgeline Blvd, Cedar Park, TX 78613

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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The sale of Caliza, a Class A garden-style apartment community comprising 270 units, has been arranged by JLL Capital Markets in Cedar Park, Texas. The property, located at 12638 Ridgeline Blvd, was acquired by Virtus Real Estate Capital from the seller, Internacional Realty. Caliza boasts a best-in-class amenity package, including a recently renovated resort-style swimming pool, expansive fitness center, and group exercise room.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: Not mentioned
  • Market: Cedar Park
  • Units: 270

The brokers in this deal were Ryan McBride and Robert Arzola from JLL, representing the buyer, Virtus Real Estate Capital. Christopher Kott from Internacional Realty was also involved in the transaction.

Players

Ryan McBride
10 deals
BROKER

Roberto (Robert) Arzola
JLL
10 deals$33M volume
BROKER

SELLER

Details

SOLD
IMAGE: Ryan McBride & Robert Arzola DATE: 04/19/2023 ADDRESS: 12638 Ridgeline Blvd MARKET: Cedar Park ASSET TYPE: Multifamily ~ UNITS: 270 SELLER: Internacional Realty; Virtus Real Estate Capital - Christopher Kott BROKERS: Ryan McBride (@RynMcb) & Robert Arzola - JLL (@JLL) NOTE: JLL Capital Markets has arranged the sale of Caliza, a Class A garden-style apartment community comprising 270 units located in Cedar Park, Texas. Virtus Real Estate Capital acquired the property from the seller, Internacional Realty, which features a best-in-class amenity package, including a recently renovated resort-style swimming pool, expansive fitness center, and group exercise room.

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