Austin has cemented its status as one of America’s top cities for quality of life, economic growth, and job opportunity, as evidenced by the incredible pace at which people are moving here. Many of the people migrating to Austin are top-tier technology professionals, so now more than ever the city requires top-tier commercial space. These new properties straddle downtown’s endless employment opportunities and east Austin’s bustling entertainment and nightlife. It’s a great place to create value for our investors by reimagining properties with huge upside.
Being based in Austin, we have long had our eye on the south side of the city as one of the most rapidly-growing and vibrant neighborhoods. As development continues to expand south due to demand, we believe there is great potential to add value to this property and others in the region, which will benefit our investors and those in this thriving community that we are so proud to be a part of.
AUSTIN, Texas, March 09, 2020 (GLOBE NEWSWIRE) -- Rastegar Property Company today announced its acquisition of two properties near the intersection of E....
Rastegar Property announced its acquisition of a prominently-located high-rise lot in Phoenix with zoning that allows for 550 feet of vertical development.
AUSTIN, TEXAS — Locally based investment firm Rastegar Property Group has purchased Zilker Place and Redbud Bungalows, two multifamily assets in Austin totaling 38 units and roughly 33,000 square feet. Zilker Place is located in south Austin and features 23 units, and Redbud Bungalows is located in the West Lake Hills area and totals 15 units. Both properties will undergo capital improvement programs. The seller(s) was not disclosed.