Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AUSTIN-An Austin real estate veteran has joined the Dallas-based Apartment Group as a partner in its Austin/San Antonio office. With the appointment comes an Austin office.

Dick Obenhaus, the new partner, has specialized in the multifamily-condominium markets and has more than $20 million in land sales annually for the last five years. He will maintain his partnership with First Austin Properties. His recent deals include representing the land buyer for the Post West Phase One at 300 West Ave., Post West Phase II and Austin City Lofts, both at 800 West Fifth.

“Dick’s combined expertise in brokerage and investment along with his local presence will be a tremendous asset to our company in the Austin/San Antonio markets-markets we feel to be rich with opportunities,” Jeff Price, the Apartment Group’s president and founder, said in a prepared statement. The Apartment Group, founded in 1991, represents owners in the sale of multifamily properties.

Before First Austin Properties, Obenhaus was president of FFB Realty Corp., a subsidiary of Franklin Federal Bancorp. FFB was responsible for marketing assets acquired by Franklin under the US government-assisted Southwest Plan. Obenhaus sold about 1,000 properties with a combined book value of more than $1 million while at FFB.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


GlobeSt. APARTMENTS Fall 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


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 © 2021 ALM Media Properties, LLC. All Rights Reserved.