San Antonio
Resort-Style Community Changes Hands in San Antonio
Benimax purchased the 336-unit asset from Stone River Co., in a transaction subject to a $40 million Freddie Mac loan.
Hayden Properties Sells TX Portfolio
RSN Property Group picked up the two Class B San Antonio communities, financing the transaction with a nearly $31 million mortgage.
San Antonio Portfolio Lands $27M Bridge Loan
The new financing package retires $25.4 million in prior debt. The four properties, owned by TerraVista, total 624 units across three of the city’s submarkets.
Wildhorn Capital Nabs 2 San Antonio Communities
Bitterwood Ranch Apartments and Fifth Avenue Apartments have 388 units, which brings the company’s total to 830 units acquired in the area over the past year.
San Antonio Value-Add Asset Changes Hands
JLL has brokered the sale of Cordoba Apartment Homes, a community comprising 30 studio, 70 one-bedroom and 160 two-bedroom apartments.
On the Market: 5 Interesting Listings for the Week of 9/24
This week’s listings include a value-add opportunity in the growing Glendale area of Queens, N.Y.; a well-positioned Connecticut portfolio; and more.
JV Acquires 208-Unit TX Community
JLL Capital Markets arranged the acquisition financing on behalf of Internacional and Dome Equities, which purchased Sunrise Canyon Apartment Homes in Universal City.
Pensam Trades San Antonio Community
Triago Ventures financed the acquisition of the 288-unit multifamily value-add property with a $25 million loan originated by Walker & Dunlop.
Job Growth Fuels San Antonio
The metro’s strong economic and population growth keep creating demand for housing, despite the recent wave of supply that has tempered rent growth.
Gelt Nabs 2 San Antonio Properties
The adjacent communities include the 288-unit Barcelo and the 300-unit Melia. Both include swimming pools, grilling stations and business centers.