Austin, Texas — Los Angeles-based Post Investment Group has purchased University Heights, an off-campus student housing community located in Austin. The property contains 370 residences in a mix of 196 one-bedroom units, 158 two-bedroom units, 13 three-bedroom units, two four-bedroom units and one five-bedroom unit. Property amenities include a clubhouse, a business center, a fitness center, two pools, saunas and sports courts. The community is located at 2000 and 2101 Burton Drive, a mile away from St. Edwards University and less than five miles from the University of Texas. Ellen Muskin and George Deuillet III of the Austin office of Hendricks & Partners represented the seller, A Texas limited liability company.

— Coleman Wood