The property changed hands in an off-market deal.
The Bascom Group has acquired Texan 26, a 53-unit, 204-bed student housing community near the University of Texas at Austin campus. The previous owner was Article Student Living, the surviving entity of QuadReal’s acquisition of CA Student Living Properties, according to Yardi Matrix information.
Matthews Real Estate Investment Services represented the seller in the off-market deal, while Bridge Investment Group provided acquisition financing in a transaction arranged by Newmark.