AUSTIN--Austin-based The PPA Group has just closed the purchase of two multifamily properties in Austin: The 344-unit Wildwood Apartments and 160-unit Club Creek Apartments.

"Our portfolio consists of a lot of properties throughout Texas, especially in San Antonio," says Monte Lee-Wen, president and CEO of The PPA Group. "It feels good to add some more properties from our own backyard back into the portfolio."

Wildwood Apartments is located on Cameron Road, just off the US-183 exit and just minutes away from Hwy 290 and I-35. Club Creek is located less than four miles away on West Longspur Boulevard, just off North Lamar Boulevard. The central locations for these properties provide residents easy access to retail options such as The Domain, Lakeline Mall and downtown.