Journeyman ranked #2 for the Second Year in a Row by the Austin Business Journal
https://www.bizjournals.com/austin/subscriber-only/2018/01/26/the-list-austin-area-multifamily.html
FLORA Workers Lunch
Estancia Villas Toy Drive for Dell Children’s Hospital
Estancia Villas Food Drive for Central Texas Food Bank
Journeyman Group breaks ground on 86-unit assisted-living facility on Cabelas Drive in Buda
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Developers break ground on 86-unit assisted-living facility on Cabelas Drive in Buda
The Philomena Assisted Living & Memory Care Ground Breaking Ceremony
The Philomena Assisted Living & Memory Care Ground Breaking Ceremony
Kyle, Tx
101 Total Units, 67-Dedicated Assisted Living 34-Memory Care
We’ve moved!
We are now open at our new location, as of May 25, 2018 (your patience is appreciated while we get situated).
Our new address is:
1000 N. Lamar Blvd, Suite 400
Austin, TX 78703
Newly Built Multifamily Asset in Austin Sold by IPA
AUSTIN, Texas, Dec. 18, 2017 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) announces the sale of Southpark Crossing, a newly constructed 308-unit multifamily asset in Austin, Texas.
“Southpark Crossing is a three-story, garden-style walk-up apartment complex with a Mediterranean look and feel accentuated by clay tile roofing,” says Will Balthrope, executive director. “Part of the value proposition that we articulated for the property is its potential to generate revenue growth within a submarket that is experiencing a significant amount of new multifamily construction.”
Balthrope, Drew Kile, senior director, and Jordan Featherston, associate, represented the seller and procured the buyer.
“The South Austin submarket where Southpark Crossing is located continues to outperform the rest of the Austin metro with a vacancy rate of 4.8 percent, compared to an overall average rate of 5.9 percent,” notes Featherston.
Seven miles from downtown Austin, the property is located off Interstate 35, adjacent to the Southpark Meadows shopping and entertainment center and close to the Austin-Bergstrom International Airport. Major Austin employers include Dell, IBM, Samsung, Seton Healthcare, the University of Texas at Austin, Accenture, and Amazon.
Built in 2017, Southpark Crossing features a 24-hour fitness center, movie theater, and resort-style pool.
Hurricane Harvey Relief Efforts
We are proud of the Journeyman team for donating time and effort for the Harvey Relief Effort by donating money and preparing over 100 essential items welcome bags