U-Haul Expands in Texas, Arizona
Multi-Housing News » San Antonio
by Madalina Pojoga
1M ago
The property at 10681 W. Loop 1604 North is part of U-Haul’s San Antonio storage portfolio. Image courtesy of Yardi Matrix The property at 10681 W. Loop 1604 North is part of U-Haul’s San Antonio storage portfolio. Image courtesy of Yardi Matrix The property at 10681 W. Loop 1604 North is part of U-Haul’s San Antonio storage portfolio. Image courtesy of Yardi Matrix U-Haul is expanding its self storage footprint with the development of two new facilities in Texas and Arizona. The company has acquired the construction sites for the projects, which are set for completion in 2026. Plans for ..read more
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Lynd Acquisition Group Buys San Antonio Asset
Multi-Housing News » San Antonio
by Jeffrey Steele
3M ago
The property is located in the northwestern part of San Antonio. Image courtesy of Lynd Acquisition Group Lynd Acquisition Group has acquired a garden-style rental community in San Antonio for $76.3 million. Built by Lynd Development Group, a LAG affiliate, in 2021, Culebra Commons is a 327-unit apartment community located at 7106 Culebra Commons Road. Both LAG and Lynd Development Group are part of LYND Group, which is based in San Antonio. Culebra Commons features one-, two- and three-bedroom apartments averaging 835 square feet in size. Features and finishes of apartments include framed m ..read more
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Empower Communities to Build 100-Acre MHC in San Antonio
Multi-Housing News » San Antonio
by Simona Tudose
3M ago
The manufactured housing development is situated in San Antonio’s South Side neighborhood. Image courtesy of Empower Communities Empower Communities is working on a 100-acre manufactured housing development in the South Side area of San Antonio, the San Antonio Business Journal reported. Project plans call for 547 mobile home pads on 95 acres and a 5-acre lot with dedicated amenities. Population growth and incoming developments in the area were some of the factors that helped Empower Communities and its partners make this investment in the Alamo City, said the company’s Co-Founder & Prin ..read more
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Bainbridge Cos. Wraps Up San Antonio-Area Community
Multi-Housing News » San Antonio
by Vicentiu Fusea
3M ago
Bainbridge Creekside has a stand-alone clubhouse. Image courtesy of The Bainbridge Cos. The Bainbridge Cos. has opened Bainbridge Creekside, a 291-unit luxury community in New Braunfels, Texas, a San Antonio suburb. In June 2022, Bainbridge acquired the 14-acre development site and took out a $42 million construction loan from Texas Capital Bank, Yardi Matrix shows. Construction on the property started two months later. The property comprises three-story apartment buildings alongside two-level townhomes with attached garages. The unit mix features one- and two-bedroom layouts ranging between ..read more
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San Antonio Senior Community Scores Recap With New Investor
Multi-Housing News » San Antonio
by Diana Firtea
3M ago
Franklin Park Alamo Heights is a premier senior community within the San Antonio market. Image courtesy of JLL Capital Markets Harrison Street and Franklin Park have sold Franklin Park Alamo Heights, a 221-unit senior housing community in San Antonio. JLL Capital Markets arranged the recapitalization transaction and placed the acquisition financing with a Freddie Mac loan for buyer Artemis Real Estate Partners, who has retained Franklin Park as manager in a new joint venture. JLL Capital Markets Senior Managing Directors Richard Swartz and Jay Wagner, Director Jim Dooley and Associ ..read more
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Univest Purchases Luxury San Antonio Community
Multi-Housing News » San Antonio
by Vicentiu Fusea
5M ago
Park at Rialto previously traded in 2020. Image courtesy of Greysteel Univest has purchased Park at Rialto, a 274-unit luxury community in suburban San Antonio, from Covenant Capital Group, Yardi Matrix shows. Greysteel brokered the deal. The buyer also assumed the outstanding balance of a $28.1 million CMBS loan originated by Jones Lang LaSalle in 2020, according to the same data provider. The note had financed the property’s previous acquisition. GenCap Partners completed the Class A community in 2017. The upscale property encompasses seven buildings spread across 9.3 acres. Unit ..read more
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Urban Moment Begins San Antonio Preleasing
Multi-Housing News » San Antonio
by Jordana Rothberg
5M ago
YardHomes Juniper Pointe units feature fenced-in backyards. Image courtesy of Urban Moment Development Urban Moment Development has begun preleasing YardHomes Juniper Pointe, a new 248-unit single-family rental community in San Antonio. The community is scheduled to officially open to residents in December. Located at 2084 Alamo Parkway, the community features one-, two- and three-bedroom homes ranging from 635 square feet to 1,375 square feet. Each unit includes more than 250 square feet of  fenced-in outdoor space, a kitchen island or an extended bar and walk-in closets. Ring doorbell ..read more
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Lincoln Avenue Breaks Ground on Affordable San Antonio Project
Multi-Housing News » San Antonio
by Radu Corfus
5M ago
Leon Creek Flats is slated for a 2025 completion. Image courtesy of Lincoln Avenue Communities Lincoln Avenue Communities, a subsidiary of Lincoln Avenue Capital, has broken ground on Leon Creek Flats, a 308-unit fully affordable multifamily community in San Antonio. The project is supported by the city’s 2022 Affordable Housing Bond, including more than $2.5 million in housing funding. It also benefits from the 2023 Non-Competitive 4 percent Housing Tax Credits program, public records show. The property will comprise one-, two- and three-bedroom floorplans, with 265 units reserved for indiv ..read more
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AHV Starts Leasing at San Antonio SFR Community
Multi-Housing News » San Antonio
by Radu Corfus
6M ago
Frame Med Center is within the Bexar County Hospital District. Image courtesy of AHV Communities AHV Communities has commenced leasing at Frame Med Center, a 174-unit, single-family rental community in San Antonio. The community comprises two- to four-bedroom duplex townhomes ranging from 1,140 to 1,660 square feet, with prices starting at $2,289. Capstone Real Estate Services is providing management and leasing services at the property. Yardi Matrix data shows that Frame Med Center was built using a $32.5 million construction loan originated by Arbor Realty Trust at the end of 2020. Located ..read more
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Cortland Sells Luxury San Antonio Asset for $71M
Multi-Housing News » San Antonio
by Anda Rosu
7M ago
The pool and buildings at The View at TPC. Image courtesy of 4092 TPC LLC. Cortland has sold the 416-unit The View at TPC in San Antonio, formerly known as Cortland View at TPC, for $70.8 million. The buyer was 4092 TPC LLC, an entity affiliated with Quarry Capital, according to Yardi Matrix information. Cortland purchased the luxury asset from W3 in 2016, in a $117.5 million portfolio transaction that also included the 344-unit Cortland Estates at TPC Apartments. Lincoln Financial Group provided a 15-year, $39 million acquisition loan. Completed in 2014, the 13-building property has one- to ..read more
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