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Weidner Apartment Homes has entered the Austin, Texas, market with the acquisition of The Alden at Cedar Park, a 349-unit asset in Cedar Park, Texas. Starlight Investments sold the property, according to Yardi Matrix data.

Berkeley Point Capital—a subsidiary of Newmark—issued a $47.3 million Fannie Mae acquisition loan, public records show. Newmark brokered the deal on behalf of the seller and arranged the acquisition loan for the buyer.

Starlight acquired the building in 2020, the same year Slate Real Estate Partners brought it online, the data provider shows.