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Omninet Capital Purchases Mira Vista Apartments in Austin, TX

Real Estate Roundup: Beverly Hills Co. buys Austin apartments

(From Austin Business Journal)

Here is a roundup of recent deals and announcements in the Austin real estate market during the past week:

Omninet Capital LLC in Beverly Hills, Calif., purchased the Mira Vista Apartments at 9601 Middle Fiskville Road. The 200-unit community sits on 9 acres in North Central Austin. The price was not disclosed. The seller was Mira Vista-PCF Ltd of Austin, which was represented by Ellen Muskin and Daniel Elam of Muskin Commercial LLC. Omninet now owns 5,000 apartment units in Dallas, San Antonio and Austin and plans to invest another $200 million in Texas this year.