- July 2021
International Capital, SWBC Real Estate Successfully Sell 248-Unit Multifamily Investment in Austin, TX

In July 2021, a partnership between International Capital and SWBC Real Estate successfully sold Falconhead Apartments, a 248-unit garden-style multifamily community in Austin, TX. Built in 2003, Falconhead Apartments is situated directly along the Falconhead Golf Club and Lake Travis High School, an extremely high-barrier-to-entry neighborhood in the picturesque west Austin Hill Country.

The sale resulted for the investors a higher return with a significantly shorter investment period, than anticipated. The closing occurred less than 2 years after the project was acquired in Q2 2019.

This value-add project was one of five current multifamily partnerships between International Capital and SWBC Real Estate.

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Andrew Doster
Director, Multifamily Investments
+1 (469) 687-2500