San Antonio
29SC Acquires Second San Marcos Student Housing
The acquisition of the 488-bed property brings the company’s San Marcos multifamily portfolio to approximately 1,000 beds. The company plans to invest $1 million in capital improvements.
Oden Hughes Breaks Ground on San Antonio Project
The 308-unit community is being built as part of The Rim, a 700-acre mixed-use development that also includes office and retail. Residences are scheduled to open in mid-2018.
Berkadia Secures $25M Loan for TX Community
Berkadia arranged the acquisition loan on behalf of Faudree Ranch Apartments LLC. The 300-unit community in Odessa, Texas, was 90 percent occupied at the time of the transaction.
The Citadel at Westpointe to Break Ground in San Antonio
The $33 million garden-style community will encompass 282 apartments and various amenities, including a resort-style pool and demonstration kitchen.
Dougherty Mortgage Closes $6M Student Housing Loan
Dougherty Mortgage closed a 12-year term loan for the acquisition of Millennium on Post, a student housing located minutes away from the Texas State campus.
6 Notable Green San Antonio Developments
The list, based on Yardi Matrix data, includes projects that are either LEED-certified or are in the process of earning the designation.
ARA Newmark Arranges Sale of San Antonio’s Agave
The newly-built luxury mid-rise was acquired by Castle Lanterra Properties, marking the investor’s entrance in the San Antonio market.
Castle Lanterra Adds to TX Portfolio
A joint venture between Greystar and The Carlyle Group sold Agave, a 349-unit Class A community near the CBD of San Antonio.
Construction Underway on San Antonio Apartments
SC Bodner’s project will transform an obsolete site along San Antonio’s popular Riverwalk into an upscale rental property complete with 220 luxury apartments.
Capstone Expands Texas Property Management Portfolio
The firm added five communities across the state, bringing its portfolio to roughly 35,000 units. Property locations include Brownsville, Clear Lake, Pearland, Pharr and San Marcos.