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Canyon Partners Real Estate and Gilbane Development Co. have joined to provide a preferred equity investment in the development of Aer, a 375-unit Class A project in Austin. Located in the South Lamar submarket, the community is approximately three miles south of downtown Austin along South Lamar Boulevard.

Aer is positioned near major highways, including east-west Highway 71, north-south MoPac Expressway, and Interstate 35, allowing connectivity throughout the city and surrounding suburbs.