Halstatt Real Estate Partners, a real estate private equity firm, has plans to develop a new build-for-rent community, Stillwell at Avery Centre.
The community will have 225 units, supported by onsite leasing, a clubhouse, a pool, a fitness center and parks. Halstatt Real Estate Partners is partnering with Coastal Ridge Real Estate on the development.
“The confluence of a variety of macroeconomic and demographic factors has contributed to the appeal of build-for-rent housing, and more specifically horizontal apartments, as an alternative single-family housing option,” said Steve Iannaccone, principal, Halstatt Real Estate Partners. “Following the groundbreaking of our first two build-for-rent projects in Florida, Halstatt is pleased to announce the development of Stillwell at Avery Centre in Round Rock, Texas. We continue to partner with exceptional development platforms and are excited to have a pipeline of high conviction opportunities in the segment.”
