New York Investment Group Breathes Life into Vintage Austin Apartments

Austin’s 1970s Park at Crestview apartment complex is getting a major facelift, thanks to the recent purchase by a private equity firm with offices in New York and Houston. The 13-acre, 248-unit property features 37 two-story buildings and offers one-, two-, and three-bedroom floor plans. Exciting amenities like a pool, playground, and dog park make this complex a charming place to live for locals. The Rosewood Realty Group facilitated the transaction, representing both the buyer, Nord Group, and the seller, Nitya Capital. As revitalization projects like this increasingly take place in Central Texas, they demonstrate the area’s growing reputation as a hub for real estate investments and development. For additional details on this story, visit the [original article](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=29306).