San Antonio
Electra America, American Landmark Purchase San Antonio Community
The new owner rebranded the 306-unit property as Alon at Castle Hills and assumed the existing $24 million Fannie Mae financing.
Westmount Expands San Antonio Presence
The new owner intends to invest in a capital improvement program on both interiors and exteriors at the 300-unit The Pointe at Ramsgate.
San Antonio Property Changes Hands
JLL Capital Markets brokered the sale of the recently renovated Nexus Urban Living, with Hunt Real Estate Capital providing nearly $5 million in Freddie Mac acquisition financing.
Sterling Real Estate Partners Expands TX Footprint
The company is set to implement a value-add strategy on its multifamily purchase, including improving amenities, enhancing curb appeal and correcting deferred maintenance.
San Antonio-Area Community Lands Refi
Constructed in 1974, the 333-unit property in Universal City is located less than 20 miles from the metro’s core. JLL Capital Markets represented the owner.
Greystone Provides $58M Bridge Loan for San Antonio Property
The financing will enable the borrower, DeBartolo Development, to pay off the initial construction loan and preferred equity for Infinity at the Rim.
Cottonwood Residential Sells San Antonio Asset
Working on behalf of the buyer, HFF arranged the acquisition loan for Legacy Heights. Annaly Commercial Real Estate Group provided the financing.
Westmount Acquires San Antonio Community
The Place at Houston Street is a garden-style asset with 200 units. The new owner is set to invest in improvements, including new fencing, a renovated pool and refreshed landscaping.
JV Acquires San Antonio Student Housing
The Preiss Co. and a private real estate fund advised by Crow Holdings Capital purchased the 694-bed community, marking the joint venture’s second acquisition in San Antonio this year.
IPA Brokers 1,152-Unit Texas Portfolio Deal
Will Balthrope, Drew Kile, Jordan Featherston and Drew Garza worked on behalf of the seller in the disposition of four communities in San Antonio, New Braunfels and Corpus Christi.