X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Asher Apartments Asher, a 452-unit apartment community, sits on a 56-acre site near a development-restricted greenbelt.

AUSTIN, TX—After acquiring the 452-unit Asher multifamily property in 2015 for $51.55 million, Castle Lanterra Properties embarked on a multi-million dollar strategic capital improvement plan to enhance the resident experience and create value. The campaign included rebranding, a complete overhaul of the property’s clubhouse and leasing office, a conversion of a former laundry room to expand the 24-hour fitness center, extensive renovations to the property’s two pools, adding poolside seating areas, and repainting all buildings.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.