Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Texas  + Apartments  | 

Internacional Realty Acquires 536 Units

Internacional Realty closed on a two-complex, 536-unit apartment portfolio in the San Antonio area. The local buyer cut a deal with seller Greystar Real Estate Partners for Avana Grove in Universal City and Avana Stone Canyon in San Antonio.

ARA Newmark brokered the transaction.

  • Avana Grove at 11801 E. Loop 1604 N is situated on 21 acres, and opened in 2006. Amenities include resort-style pool and playground, laundry facilities, basketball court, clubhouse and a pet park.
  • Avana Stone Canyon is situated on 18.6 acres at 21302 Encino Commons. The property opened in 2005, and on-site amenities include a fitness center and resort-style pool with a cabana and deck, outdoor kitchen, resident clubhouse with internet café and multimedia library.

Greystar owned the two assets for five years. The Charleston, SC seller had acquired both complexes from Inland American Real Estate Trust Inc. as part of 14-property national portfolio.

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

Read More at San Antonio Business JournalConnect with Internacional Realty

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.