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Berkadia has arranged the sale of The Grand at Manor, a 271-unit apartment complex located on the northeastern outskirts of Austin. Built on 12.5 acres in 2021, the property offers studio, one- and two-bedroom units and amenities such as a pool, fitness center, business center and a dog park. Kelly Witherspoon, Justin Cole, Adam Sumrall and Justin Chambers of Berkadia represented the seller, California-based investment firm Bailard, in the transaction. The buyer was Texas-based investment and development firm Presidium.