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Preston Hollow Capital Secures $49M for Cibolo Canyons

Preston Hollow Capital Secures $49M for Cibolo Canyons

Preston Hollow Capital, a diversified merchant bank, launched in January 2014 by the former longtime President and Chief Executive Officer of ORIX USA, Jim Thompson, announced that it has completed a $48.9 million financing for the Cibolo Canyons Special Improvement District, a 2,100-acre mixed-use master-planned community near San Antonio. The…

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World’s Largest Candlewood Suites Celebrates Grand Opening

World’s Largest Candlewood Suites Celebrates Grand Opening

The “largest Candlewood Suites hotel in the world” is officially open. Cleveland Construction, Inc., the general contractor, and Lend Lease, the construction manager, recently celebrated the grand opening of the new hotel located at Fort Sam Houston in San Antonio. The hotel development is part of the Privatization of Army…

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Turner-Agassi Charter School Facilities Fund Open KIPP San Antonio Commerce Campus

Turner-Agassi Charter School Facilities Fund Open KIPP San Antonio Commerce Campus

Tennis star Andre Agassi and other leaders from the Turner-Agassi Charter School Facilities Fund joined the opening celebration of the KIPP San Antonio Commerce Campus, the permanent home for two KIPP San Antonio schools and the first investment of the Fund in the city.…

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Victory Medical Center Landmark Expands Facilities by 60,000 SF

Victory Medical Center Landmark Expands Facilities by 60,000 SF

Victory Medical Center Landmark broke ground on 60,000 square-foot multi-use medical building, expanding its premier medical facilities. The new development is adjacent to its existing surgical hospital located at 1604 Loop in northwest San Antonio.…

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MIG Real Estate Acquires San Antonio’s The Marquis at Roger’s Ranch Apartment Community

MIG Real Estate Acquires San Antonio’s The Marquis at Roger’s Ranch Apartment Community

California-based real estate investment company MIG Real Estate has announced the acquisition of the 246-unit residential community, The Marquis at Roger’s Ranch, in northwest San Antonio. The newly acquired property marks the company’s fifth investment in Texas multifamily properties. The price of the transaction has not been disclosed.…

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Strand at Huebner Oaks Shopping Center Acquired by Whitestone REIT

Strand at Huebner Oaks Shopping Center Acquired by Whitestone REIT

The Strand at Huebner Oaks Shopping Center has a new owner. Whitestone REIT, a fully integrated real estate company that owns, operates, and redevelops Community Centered PropertiesTM, acquired the retail complex with funds from its corporate credit facility.…

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TODAY’S DEALS: California Investor Sells 559 Units in San Antonio

TODAY’S DEALS: California Investor Sells 559 Units in San Antonio

ARA brokers a 599-unit sale for Regional Investment & Management; Grandbridge closes a $33 million refinance for a Texas apartment community; and NorthMarq Capital arranges a $21.4 million construction loan.…

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Harbor Group International Announces Sale of Bella Madera Apartments

Harbor Group International Announces Sale of Bella Madera Apartments

Harbor Group International, LLC announced the sale of the Bella Madera apartment community to affiliates of Falkin Platnick Realty Group. The property had been acquired by the current seller in November 2007.…

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VIA Metropolitan Transit Announces Launch of Phase II of Multimodal Project

VIA Metropolitan Transit Announces Launch of Phase II of Multimodal Project

VIA Metropolitan Transit has begun the construction of the second phase of the Westside Multimodal Transit Center project. Part of VIA’s SmartMove initiative, the Westside Multimodal Transit Center is included in VIA’s 2035 Comprehensive Transportation Plan. This round of the development includes a new transit plaza.…

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Corporate Office Properties Trust Announces Full-Building Lease in Sentry Gateway Office Park

Corporate Office Properties Trust Announces Full-Building Lease in Sentry Gateway Office Park

COPT, the Corporate Office Properties Trust announced the execution of a full-building lease with the U.S. Government. The building is currently under construction in the COPT’s Sentry Gateway office park in San Antonio and will encompass approximately 160,500 square feet.…

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Petro Waste Environmental Proposes $5M Oil-Field Waste Disposal Site

Petro Waste Environmental Proposes $5M Oil-Field Waste Disposal Site

San Antonio-based Petro Waste Environmental, a company that provides environmental services, has proposed an oil-field waste disposal and treatment site for a 204-acre piece of land in Nordheim, DeWitt County, one of Eagle Ford Shale’s busiest drilling areas. The application has been presented to the Texas Railroad Commission for the…

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Coventry Homes Relaunches Luxury Line in San Antonio

Coventry Homes Relaunches Luxury Line in San Antonio

San Antonio’s strengthening housing market calls back developers. Coventry Homes announced its come back in the region with their line of luxury production homes in six new communities encompassing approximately 400 home sites that will be made available by the end of the year.…

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