Bader, Cortland Agree to Terms on Austin Apartment Deal

Cortland sold a 276-unit apartment complex in Austin to Minnesota-based Bader. Mesa West Capital funded the deal on behalf of Bader. Commercial Search reports that Cortland acquired the asset, Adair Onion Creek, in 2019, following its acquisition of Pure Multi-Family REIT. The community comprises 10 three-story buildings encompassing one- to three-bedroom floorplans that average 828...