Pegasus Uses $28M Fannie Mae Loan to Buy Austin Rental Community

Avia Equities sold The Wayman, a 284-unit multifamily community in Austin, Texas. The development was formerly known as Ridgecrest.
Avia Equities, a recently formed investment firm, has sold The Wayman, a 284-unit multifamily community in Austin, Texas, formerly known as Ridgecrest.
Castle Lanterra has sold a pair of apartment communities totaling 570 units in Corpus Christi, Texas. According to Castle Lanterra, the firm sold Azure, a 220-unit community, to Sundance Bay and Baypoint Apartments, a 350-unit community, to Pegasus Real Estate, for undisclosed prices.
Newmark announces the sale of a 264-unit, luxury multifamily community, Ashford, located in suburban Dallas. The townhome-style property traded from Pegasus Real Estate,
CARROLLTON, TEXAS — Newmark has brokered the sale of Ashford, a 264-unit apartment community located in the northern Dallas suburb of Carrollton.
Pegasus Real Estate Picks Up 224-Unit Noah Apartments. Noah Apartments is located in the Alamo Heights neighborhood at 384 Treeline Park and was built in 1994. (CoStar)
SAN ANTONIO — A partnership between Pegasus Real Estate and Thackeray Partners has purchased NOAH Apartments, a 224-unit multifamily community in San Antonio’s Alamo Heights neighborhood.