Home Austin New York State Common Retirement Fund, Subtext Acquire 674-Bed Skyloft Near UT Austin for $115.9MM
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New York State Common Retirement Fund, Subtext Acquire 674-Bed Skyloft Near UT Austin for $115.9MM

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Photo by Reese Beaux on Unsplash
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New York's state pension fund has teamed with St. Louis developer Subtext to buy Skyloft, an 18-story West Campus tower that set Austin's student housing pricing record when it last traded in 2019, at a price nearly 16 percent above that benchmark.

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