San Antonio
$27M Acquisition Financing Obtained for Villa Nueva Apartments
Iliad Realty Group secured $27 million in bridge financing to acquire the 542-unit Villa Nueva Apartments, a Class B multifamily… Read more
San Antonio Industrial Net Absorption Up by 2M SF
While vacancies amid San Antonio’s industrial sector were up in August 2019, so was absorption. According to NAI Partners, overall… Read more
Aisin AW Greenlights $400M Cibolo Project
In conjunction with Toyota Motor Corp.’s announced plan to invest $391 million in its San Antonio truck manufacturing plant, Japan-based… Read more
Toyota Investing $391M in San Antonio Plant
Following months of speculation, Toyota Motor Corp. made it official — it has selected San Antonio, over its nine other… Read more
H-E-B Prepares for 110K-SF Lake Austin Store Construction
H-E-B grocery company, headquartered in San Antonio, is getting ready to build a new store at 715 S. Exposition Blvd.,… Read more
Local Multifamily Investment Group Acquires 22 Acres
Fulton Property Group LLC, a San Antonio multifamily investment company, acquired 22 acres on the south side of Alamo Ranch… Read more
Virtus Real Estate Pays $62M for Baldwin at St. Paul Square Leasehold
Virtus Real Estate Capital acquired a leasehold interest in the 271-unit Baldwin at St. Paul Square apartments in San Antonio.… Read more
$27M in Financing Arranged for Texas Assisted Living Facilities
CIT Group Inc. arranged a $27.2 million loan for two assisted-living facilities in South and Central Texas. The borrower, a… Read more
Dual-Branded Hiltons Open near Lackland AFB
Baywood Hotels Inc. opened a dual-branded hotel near Lackland Air Force Base on San Antonio’s southwest side. The 183-key property… Read more
San Antonio Home Sales Increase by 6%; Inventory Less Than 4 months
July 2019 home sales in the San Antonio metro jumped 6% year-over-year, with a total of 3,397 houses sold year-to-date,… Read more
208-Bed Nix Medical Center to Be Shuttered
Prospect Medical Holdings announced it would shutter its 208-bed Nix Medical Center, downtown San Antonio’s acute-care hospital. The Los Angeles… Read more
$7M Renovation Underway on Hard Rock Café
Hard Rock International launched a massive re-do on its San Antonio location at 111 W. Crockett St. Specifically, the three-story,… Read more
San Antonio Office Vacancy Increases, So Do Rents
Overall office vacancy in San Antonio during August 2019 stood at 10.1%, a 30-basis-point increase year-over-year, according to data from… Read more
OKIN Walks Away from State, Municipal Incentives
In October 2018, it was announced that OKIN Business Process Services would develop its U.S. headquarters at the Brooks mixed-use… Read more
Windmill Investments Taps JLL to Manage, Lease San Antonio Portfolio
Windmill Investments hired JLL for assistance with lease-up, property management and project development services of a recently-acquired, 523,000-square-foot office portfolio… Read more
Job Growth Tepid, But S.A. Economy is Still Strong
Tight labor markets, low unemployment rates and tepid job growth highlighted the San Antonio economy in July 2019, according to… Read more
Connect Texas Multifamily: Discussing Urban and Suburban Development Trends
By Amy Wolff Sorter With megalopolis sprouting throughout Texas, it made sense that the recent Connect Texas Multifamily conference should… Read more
InSPIRE Rock to Build Gym on 5 Acres
Houston-headquartered InSPIRE Rock acquired five acres, on which it will build a new indoor rock-climbing gym. The facility in question,… Read more
ECR Hangs San Antonio Shingle
Equitable Commercial Realty (ECR), located in Austin, is moving down Interstate 35 to open office No. 2. Specifically, the full-service… Read more