Weidner Adds 341-Unit Rental Asset to Austin Portfolio
Weidner Apartment Homes acquired the Solaris House apartments, a 341-unit high-rise apartment complex located in North Austin’s Domain submarket. Brandywine Realty Trust was the seller.
JLL represented Brandywine Realty Trust in the sale of the asset. 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. The property delivers an amenity package featuring a fitness center, coworking lounge, pet spa and outdoor lounge. The signature rooftop pool deck offers private cabanas, grilling stations and a turfed recreation area with sweeping views.
JLL’s Capital Markets Investment Sales and Advisory team representing the seller was led by Robert Wooten, Ryan McBride and Robert Arzola.
JLL’s Capital Markets Debt Advisory team was led by Tom Wilson, Jayme Nelson and Jake Davidson.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout