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San Antonio
Commercial Real Estate News
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San Antonio-Based Developer Sells Tacara Steiner Ranch for $47.9 Million
San Antonio-based Casey Development sold Tacara Steiner Ranch, a 246-unit luxury apartment complex the firm developed this past year within the 4,600-acre Steiner Ranch master-planned development in northwest Austin, TX. The developed sold the community...

AHV, Bristol Group Break Ground on Pradera
Irvine, CA-based AHV Communities, along with San Francisco-based Bristol Group, broke ground on Pradera, a multifamily community located off of Culebra Rd. in San Antonio. The complex will feature 250 detached single-family homes that are being offered...

Colony Industrial Enters Northern New Jersey in Latest Portfolio Expansion, Adds More Logistics Sites as Retail Shipping Demand Rises
Pictured: 40 Fairfield Place, part of a 10-property portfolio in Northern New Jersey acquired by Colony Industrial. Colony Industrial's fast-growing light-industrial portfolio is investing in the Northern New Jersey logistics market for the first time...

Global CRES Acquires 82,000-SF Office Bldg. in Northeast San Antonio
Global CRES, an investor based out of Carlsbad, CA, acquired an 82,000-square-foot office building in northeast San Antonio from locally-based Sage Western Wave for $3.5 million, or about $43 per square foot. Located at 8940 Fourwinds Dr., the five...

Tricon Launches $2 Billion Joint Venture to Buy U.S. Homes
Pictured: Tricon American Homes' headquarters in Orange County, CA.Toronto-based Tricon Capital Group Inc. said it has signed up one of the world's largest sovereign wealth funds and a similar level state pension plan in the United States for a new fund...

South San Antonio is Booming
Brooks, along with Industrial Group Southwest, recently broke ground on a new 350,000-square-foot warehouse at the corner of Goliad Road and City Base Landing in South San Antonio. Credit: Industrial Group Southwest. Often overlooked, the south side...

Apartment Construction Booming Across the Southern U.S.
The 816-unit Park Line Miami apartment towers at 250 NW 1st St. in Miami. The project is slated to be completed by the fourth quarter of 2019. Due to impressive in-migration as well as demographic growth and booming economies, southern metros have...

Good News: Disclosure of Cash Buyers for Lux Real Estate Effective in Curtailing Money Laundering; Bad News: Homes Sales Cut by 70%
The Department of Treasury's crackdown on potential money laundering involving all-cash buyers of real estate that began in 2016 deflated the value of luxury homes sold in the nation's largest markets by more than 4 percent. It also reduced the number...

Western Wealth Capital, MDC Secure $31 Million to Finance 636-Unit Portfolio
The 204-unit Sereno Park Apartments located at 3903 SE Military Dr. in San Antonio A joint venture between Western Wealth Capital and a fund managed by MDC Realty Advisors secured $31 million in financing for its 636-unit San Antonio-area portfolio. Josh...

UPDATED: IKEA Calls Off Plans for Big Box Stores in Three US Markets
After opening 27 stores in the U.S. in the past 15 years, iconic Swedish component-furniture retailer IKEA has called off expansion plans in three markets while it considers making potentinally far-reaching changes to its growth plans in a rapidly changing...

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