SAN ANTONIO – A partnership between Chicago-based Pearlmark and Austin-based Old Three Hundred Capital LLC has purchased two adjacent multifamily properties totaling 560 units.
Park West at 11845 West Ave. has studio and one- and two-bedroom units and amenities such as a pool, fitness center, volleyball court, playground, and dog park.
Parliament Bend at 11838 Parliament St. offers one- and two-bedroom units as well as fitness and business centers, outdoor grilling and picnic areas, a dog park, and onsite laundry facilities.
The new ownership will implement a value-add program.