Ryan Companies is advancing a redevelopment of downtown Austin’s Sixth Street.
The Austin Business Journal reports the redevelopment would take place on a full 1.8-acre block bounded by East Sixth and Fifth streets, Red River Street and Sabine Street. There are three buildings on the site now — a large one and two smaller ones. The project’s site plan, which was approved in June 2025, calls for it to be replaced by a six-story, 262,221-square-foot mixed-use building with multifamily units and restaurant space. A demolition permit for the site’s existing office buildings is still awaiting approval.
The Grant Building will house 232 multifamily units, consisting of 37 studio, 170 one-bedroom, 19 two-bedroom and six three-bedroom units. There will also be 13,059 square feet of amenity space spread throughout the building and 9,389 square feet of restaurant space on the ground floor. Ryan Companies is gearing up to build the Grant Building as Stream Realty Partners transforms the famous strip of bars.
JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...
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The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...
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Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...
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