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Dubai investors invest millions in Austin multifamily developer

Austin Business Journal | Sep. 2, 2015

A Dubai-based global investor is sinking its financial teeth into Aspen Heights, an Austin-based development company that up until now has been mostly involved in student housing.

Aspen Heights is venturing into other forms of multifamily housing, however. The company is a partner with Constructive Ventures in the development of The Independent — a luxury downtown condominium tower slated to become the tallest building in Austin.