“We are excited to break ground on our second development project in the Austin area,” said McCann’s President, Matthew T. Akin. “We were drawn to this location because it is adjacent to Wolf Ranch Town Center and part of the Wolf Ranch Master Planned Community being developed by The Hillwood Company. Georgetown is really a great lifestyle choice for people looking to relocate." The most recent census estimates showed it is the fastest growing city in the nation with populations of 50,000 or more, with a growth rate of 7.8% for the 12- month period ending July 2015.
McCann is currently seeking new development opportunities and apartment acquisitions in the Mid-Atlantic, Southeast and Southwest. For more information regarding McCann’s search criteria in the Southwest, please contact Tre Banks, Managing Director, at (713) 239-1080. For other markets, contact Thomas Upson, VP of Acquisitions, at 804-290-8870.
About McCann Realty Partners
Headquartered in Richmond, VA with a regional office in Houston, TX, McCann Realty Partners is a real estate investment and operating company that specializes in acquisitions, development and management of multifamily communities in the Southeast, Southwest, Mid-Atlantic and adjacent regions. Since inception, McCann has acquired 28 apartment communities totaling more than 7,695 homes in transactions valued at approximately $740 million. McCann has also developed or has under development 10 communities totaling 2,991 homes with an estimated completed value of $400 million. For more information, visit www.mrpapts.com.