NEW BRAUNFELS – Trendmaker Homes Inc. is building 47 single-family homes in the 700-acre, 1,500-home Meyer Ranch master-planned community at 1386 Founders Park. Trendmaker’s portion, called the River Collection at Meyer Ranch, will offer plans ranging from 1,923 to 2,986 sf. Amenities will include a covered pavilion, dog play area, amphitheater, and open lawn. The Real Estate Center […]
Archives: August 2020
Lynd, SAHA developing mixed-income apartments
SAN ANTONIO – Lynd Co. and the San Antonio Housing Authority are developing a 259-unit mixed-income apartment complex in the Tobin Hill neighborhood at 120 W. Josephine St. The complex will reserve 104 units for people earning up to 80 percent of the area median income and 26 units for people making up to 60 percent. […]
Aerospace manufacturer to launch $8M Kerrville facility
KERRVILLE – Killdeer Mountain Manufacturing Inc. is developing a new $8 million manufacturing facility. The facility will create 200 jobs. The Texas Enterprise Fund will provide a $903,000 grant to aid the project. The Center has more Texas industrial news online: Texas Quarterly Commercial Report Texas industrial news Source: Connect Media
100K-sf Extra Space Storage debuts in New Braunfels
NEW BRAUNFELS – Extra Space Storage, a 100,000-sf facility at 1360 Ranch Pkwy., has opened. The facility has units ranging from 25 to 250 sf. Rates are from $39 to $221 per month. Get more San Antonio-area retail news on the Real Estate Center’s website: San Antonio-area retail news Texas Quarterly Commercial Report Source: Community Impact Newspaper
Forbearance Numbers Are Lower than Expected
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you examine the data, however, that seems unlikely. […]
865-acre mixed-use project coming to San Antonio
SAN ANTONIO – Convergence Brass LLC is developing The Granary at Briggs Ranch, an 865-acre mixed-use project 20 miles west of downtown. The development will include 2,500 single-family homes, 1,900 apartments, and a central town square. JDI Realty provided a $6.6 million bridge loan for the project. The Real Estate Center has more news like […]
Friedrich AC factory becoming mixed-income apartments
SAN ANTONIO – The former Friedrich Air Conditioning complex at 1617 E. Commerce St. will be transformed into a 347-unit apartment complex. Apartments at Friedrich Lofts will range from 625 to 1,000 sf. Half of the units will be reserved for low- or moderate-income families. The American South Real Estate Fund provided $10.6 million in […]
130K-sf innovation center to dock at Port San Antonio
SAN ANTONIO – The Port San Antonio board of directors has approved a 130,000-sf innovation center. The $60 million project will include: 2,500-seat technology area; new, larger home for the San Antonio Museum of Science and Technology; classrooms and meeting spaces; research and development lab; full-scale food hall; and 24-hour electronic gaming area. Construction begins this summer and […]
Frisco investor snaps up 459-unit Plano apartments
PLANO – CAF Capital Partners teamed up with Generic Management to acquire the Broadstone Evoke apartments at 1025 Preston Rd. Built in 2016, the five-story rental community has 459 apartments and was developed by Alliance Residential. Amenities include a fitness center, lounge, catering kitchen, and a dog park. The purchase was part of a tax-free […]
SAHA, NRP Group developing three affordable apartment complexes
SAN ANTONIO – The local housing authority has approved three apartment projects in partnership with NRP Group. The proposed projects include: a 345-unit project at the corner of Watson Rd. and Somerset Rd.; Copernicus Apartments, a 324-unit project at 439 S.E. Loop 410; and Buckhorn Lofts, a 324-unit project at 10805 N. Loop 1604. The complexes will […]