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Texas  + Austin  + Apartments  | 

JV to Develop $50M MF Project in San Marcos

A joint venture between Thompson Realty Capital LLC and Trez Capital has announced plans to develop La Cima, a $50 million multifamily project in San Marcos, TX.

The 304-unit garden-style multifamily project is approximately 30 miles south of Austin in Hays County along the I-35 corridor. The 21-acre community will include 304 units with attached and detached garages. Amenities will include a resort-style pool.

Thompson Realty Capital will serve as property manager upon completion of the project. The La Cima project is the eighth joint-venture project between Trez Capital and Thompson Realty Capital. The project is slated for completion in December 2023.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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