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Ashley Oaks Apartments Changes Hands in $30.8M Deal

Ashley Oaks Apartments Changes Hands in $30.8M Deal

Steadfast Income REIT, Inc. made its third acquisition in Texas on Nov. 29, with the purchase of Ashley Oaks in North Central San Antonio. The 462-unit garden-style apartment community was sold for $30.8 million. Built in three phases, in 1985 and 1995, the multifamily property is currently 93 percent occupied.…

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Alamo Colleges opens work training building at Port San Antonio

Alamo Colleges opens work training building at Port San Antonio

Alamo Colleges has opened a new Workforce Center of Excellence in South San Antonio, through an agreement with Port San Antonio. According to the agreement, Port San Antonio donated the building and almost 30 acres of land, next to the port's East Kelly Railport to the Alamo Colleges, reported the…

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Live Oak-Gottesman Continues Office Shopping Spree, Buys Network Crossing

Live Oak-Gottesman Continues Office Shopping Spree, Buys Network Crossing

Austin-based Live Oak-Gottesman has bought Network Crossing, a 143,831-square-foot office property spanning five buildings in Northwest San Antonio. The acquisition marks the sixth purchase for the company and this is not all. At the time of the sale, the property was 89 percent occupied, reported Citybizlist.com.…

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NuStar Energy to Sell Local Refinery

NuStar Energy to Sell Local Refinery

As part of a strategic shift to focus on more stable operations, NuStar Energy L.P. plans to sell its San Antonio refinery while boosting its investment in Eagle Ford Shale. The company announced the intention of buying a crude oil pipeline and related assets, along with natural gas liquid assets,…

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Transwestern Tapped to Lease, Manage Texas Center for Athletes

Transwestern Tapped to Lease, Manage Texas Center for Athletes

Transwestern’s San Antonio office has been hired to provide leasing and management services for the Texas Center for Athletes, according to a company news release. Transwestern managing directors Russell Noll and Alan Grilliette, senior vice president Ken Adams and property manager Kathy Nielsen have been awarded the assignment for the…

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Bluerock Sells 269-Unit Stratford Community

Bluerock Sells 269-Unit Stratford Community

Bluerock Real Estate L.L.C. announced the sale of The Stratford apartments, a 269-unit multifamily community in Northwest San Antonio. The company purchased the property in December 2008, in a joint venture with The Lynd Co. Lynd Co., the 34th largest apartment manager in the United States, managed the property on…

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Scott Felder Homes Selected as Builder for Havenwood Community

Scott Felder Homes Selected as Builder for Havenwood Community

Austin-based Scott Felder Homes will serve as the recommended builder for the Havenwood community, following a strategic relationship with SouthStar Communities, a residential real estate development company and owner of the master-planned community located in New Braunfels.…

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San Antonio to Welcome TRISUN Healthcare Assisted-Living Center

San Antonio to Welcome TRISUN Healthcare Assisted-Living Center

A new TRISUN Healthcare assisted-living and memory-care facility will be built in San Antonio, next to the TRISUN Care Center at Lakeside, which opened this summer. The 53,313-square-foot complex will have 42 assisted-living and 18 memory-care units. Designed by Austin-based DFD Architects and built by San Antonio-based Metropolitan Contracting Co.,…

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Aragon Adds M-F Property to Growing San Antonio Portfolio

Aragon Adds M-F Property to Growing San Antonio Portfolio

California-based Aragon Holdings has purchased a 228-unit Class B property in North Central San Antonio. The Carmel at Deerfield apartment complex brings the real estate investment fund's portfolio to six apartment complexes and a total of 1,248 units in the Alamo City.…

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Nationwide Insurance Opens Fortified for Safer Business Campus

Nationwide Insurance Opens Fortified for Safer Business Campus

Nationwide Insurance officially opened its new campus in Westover Hills, making it the first-ever FORTIFIED for Safer Business campus in the United States. The 280,000-square-foot sales and operations center was built to the Institute for Business and Home Safety’s disaster-resistance standards, meaning it is able to withstand disasters such as…

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M&G Finalizes Land Purchase for PET, PTA Plants in Corpus Christi

M&G Finalizes Land Purchase for PET, PTA Plants in Corpus Christi

Italy-based M&G Group has purchased land in Corpus Christi on which to build the world's largest integrated polyethylene terephthalate (PET) plant.…

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UT, Vanguard to Develop $350M Children’s Hospital

UT, Vanguard to Develop $350M Children’s Hospital

By Camelia Bulea, Associate Editor The University of Texas Health Science Center at San Antonio was authorized to execute an agreement with Vanguard Health Systems, according to which the two parties will co-develop a state-of-the-art children’s hospital in the Alamo City. The proposed $350 million, 250-bed facility, funded by Vanguard,…

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