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Rastegar Property Company's portfolio encompasses a diverse range of assets, including multifamily, office, retail, and industrial properties. [9] The company has a strong presence in major metropolitan areas, such as Austin, Miami, and New York City, and continues to expand its footprint in emerging markets throughout the United States. [10]
Sixth and Guadalupe is a 66-story mixed-use skyscraper in Downtown Austin, Texas. On November 2, 2022, the building celebrated its topping out, making it the tallest building in Austin , surpassing The Independent , [ 1 ] and the sixth tallest building in Texas .
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Rastegar Capital rebranded as Rastegar Equity Partners in 2018, [3] and later as Rastegar Property Company. [4]) By January 2017, Rastegar's firm had $500 million in assets under management . [ 3 ] As part of his work with the company, Rastegar led planning to construct the world's tallest living wall , announced in April 2020 as part of a ...
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The developer keeps 80 percent of the city's sales tax for the first five years and 50 percent for the next 15 years. Plus, 25 percent of the property tax is rebated back to the developer for the entire 20-year period. [16] The city of Austin expects to take in about $40 million in sales and property taxes over the 20 years of the incentive ...