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Capitol Quarters apartments in downtown Austin repossessed by lender

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Capitol Quarters apartments in downtown Austin repossessed by lender

The lender secured a deed in lieu of foreclosure for the property that opened in late 2022 a few blocks west of the Texas State Capitol. Click through to read more about the news, including comment from the developer about why high occupancy rates were hard to obtain for a building that offering housing for about half the price of other downtown towers.