Turtle Creek apartment tower goes to local investor

The luxury rental community was acquired by Pegasus Real Estate.

Previous Insight

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.

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Pegasus Real Estate Buys Austin Asset

Avia Equities, a recently formed investment firm, has sold The Wayman, a 284-unit multifamily community in Austin, Texas, formerly known as Ridgecrest.