Treeline Multifamily Partners Acquires 352-Unit Multifamily Property In East Austin

A multifamily property located at 720 Airport Blvd in East Austin has been sold in a recent transaction. The property consists of 352 units and was sold by Ardent Residential and Monterrey & Delta Development. The transaction took place on 12/17/2021, with Treeline Multifamily Partners Ltd. as the buyer. The sale was facilitated by brokers Patton Jones and Andrew Dickson from Newmark. The total transaction amount and other financial details were not disclosed.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 352
• Address: 720 Airport Blvd
• Market: East Austin

In addition to the buyer and seller, the transaction involved Timothy Weldon from Newmark as the mortgage broker. Further details about the buyer, seller, and mortgage terms were not provided in the available information.