Presidium Acquires Student Housing Portfolio In Austin

Austin, Texas—University Estates and University Village, two student housing communities located in Southeast Austin, have been acquired by Presidium Group LLC. Combined, the properties consist of 846 units and 2,700 beds.

Presidium Expands Its Footprint In Texas With New Multifamily Acquisition

Austin, Texas—Presidium Group LLC added to its extensive Texas portfolio by acquiring Balcones Club, a 312-unit multifamily community in Northwest Austin, it’s 17th purchase in the city in the last four years and second in the immediate area (after Laurel Woods, located just half a mile away). Common amenities include a fitness center, two swimming pools and a spa, according … Read More

Business Digest: Austin Apartment Complex Gets New Ownership

Presidium Group LLC said it has acquired Balcones Club, a 312-unit apartment complex in Northwest Austin, and plans to make interior and exterior renovations. Financial terms of the sale were not released. The property was previously owned by M & A Texas Balcones Ltd., and is adjacent to the Balcones Country Club, near Spicewood Springs Road and U.S. 183. Its … Read More

Presidium Snags Willow Cliff Lakeshore Apartments In OKC

Oklahoma City—Presidium Group LLC closed the deal for Willow Cliff Lakeshore Apartments in Oklahoma City, Oklahoma. The 396-unit multifamily community is located at 5304 Willow Cliff Road, 15 minutes northwest of downtown Oklahoma City, next to Dolese Youth Park and it represents the company’s first entry in the OKC real estate market.

Balcones Club Changes Hands

Presidium Group snapped up Balcones Club (pictured), a 312-unit multifamily community in Northwest Austin. The property is adjacent to the Balcones Country Club, near the intersection of Spicewood Springs and Highway 183.