AUSTIN—Denver-based Griffis Residential has acquired Talavera Apartments, a 232-unit class A multifamily community in the northwest submarket.
It is the firm's third acquisition in the Austin metro area following the acquisition of a total 808 apartment units in November 2014 and in January.
“Griffis Lakeline Station is a high-quality asset that is well located near major northwest Austin high-technology and online employers as well as major retail amenities including Lakeline Mall,” Jim DiRienzo, vice president of acquisitions at Griffis Residential, told GlobeSt.com.
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