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Prado Student Development Breaks Ground in San Antonio

Prado Student Development Breaks Ground in San Antonio

Three new student developments encompassing 1,400 units have broken ground under the Fountain Residential Partners name. These projects will serve The University of Texas – San Antonio, the main campus of The University of Houston, and The University of Minnesota – Twin Cities. Leasing will start in the following months…

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Turner Construction to Build Airport’s Consolidated Car Facility

Turner Construction to Build Airport’s Consolidated Car Facility

By Anca Gagiuc, Associate Editor Eight companies entered the competition to build San Antonio’s first airport CONRAC (consolidated rental car facility). New York-based Turner Construction Co. scored 90.5 points out of 100 for its proposal and was selected the winner by the city council. This facility will bring the International…

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Whispering Hills Apartment Complex Attracts Dallas Investor

Whispering Hills Apartment Complex Attracts Dallas Investor

The San Antonio multifamily market is of growing interest for out-of-town buyers. The region’s bright economic outlook has attracted a growing number of investors in the past 12 months.…

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Whispering Hills Apartment Complex Attracts Dallas Investor

Whispering Hills Apartment Complex Attracts Dallas Investor

The San Antonio multifamily market is of growing interest for out-of-town buyers. The region’s bright economic outlook has attracted a growing number of investors in the past 12 months.…

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USAA Real Estate Partners with Patrinely Group for New Office Development in La Cantera

USAA Real Estate Partners with Patrinely Group for New Office Development in La Cantera

The commercial market of San Antonio prepares ground for a new office development on La Cantera Parkway. USAA Real Estate Co., the owner and master developer of La Cantera, and Patrinely Group LLC, announced to local brokers their collaboration on the WestRidge project.…

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Marcus & Millichap Gains Listing for 240-Unit San Antonio Apartment Complex

Marcus & Millichap Gains Listing for 240-Unit  San Antonio Apartment Complex

Bandera Commons, the 240-unit apartment complex in San Antonio, has become the exclusive listing of Marcus & Millichap Real Estate Investment Services, with the price yet “to be determined by market”. Senior associates Joe James and Kent Myers, together with associate Reynold Greenway, all from the Austin Marcus & Millichap…

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Children’s Hospital of San Antonio Receives $20M Donation from Goldsbury Foundation

Children’s Hospital of San Antonio Receives $20M Donation from Goldsbury Foundation

The Goldsbury Foundation announced its contribution of $20 million to the renovation of Children’s Hospital of San Antonio. This is the most consistent donation in the history of Christus Santa Rosa Health System. The sum will be paid out over the next five years.…

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LaSalle Group to Build City’s First Memory-Care Community

LaSalle Group to Build City’s First Memory-Care Community

The LaSalle Group, a leader of the senior industry with over ten years of experience in the field, in partnership with MedProperties Investment Partners, LP, a private equity fund with specialized investment strategy in healthcare real estate, and Frost Bank, recently announced their plan to build the firm’s first memory…

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LGI Buys 200-Acre Site at Luckey Ranch, with Plans to Build 800 Homes

LGI Buys 200-Acre Site at Luckey Ranch, with Plans to Build 800 Homes

LGI Homes announced the purchase of 208 acres of land in San Antonio’s far West Side with plans to build approximately 800 new homes. Terms of the sale were not disclosed. The deal is part of a larger master-planned development in the area, called Luckey Ranch, which spans over 610…

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Holiday Inn Riverwalk Ready for Tourists After Undergoing $13M Renovation

Holiday Inn Riverwalk Ready for Tourists After Undergoing $13M Renovation

InterContinental Hotels Group PLC has just completed a $13 million makeover of its Holiday Inn San Antonio Riverwalk. The hotel near River Walk underwent full renovation, which can be seen in various aspects of the facility, starting with the lobby.…

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Walmart to Hire 275 People at Northeast Supercenter

Walmart to Hire 275 People at Northeast Supercenter

Walmart Stores Inc. is looking to hire about 275 full- and part-time employees at its new Supercenter, along Binz-Engleman and Foster Road, which is expected to open this spring. The Northeast project is one of the four that the Bentonville, Ark.-based company is currently developing in the Alamo City.…

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Two San Antonio Apartment Communities Change Hands

Two San Antonio Apartment Communities Change Hands

The San Antonio apartment market seems to be very attractive for investors, with two important multifamily properties having changed hands recently. Sierra Ridge, a 230-unit apartment community located on the city’s North Central Side, has a new owner since February 14.…

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