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JV picks up two Midtown apartment communities

​​​​Jones & Rio apartment complex along RiverwalkSAN ANTONIO – A joint venture between Benefit Street Partners and Strategic Properties has acquired two large Midtown apartment complexes.

Augusta Flats at 714 McCullough Ave. has 260 studio and one- and two-bedroom units. Amenities include a pool, club and lounge, golf simulator, fitness center, rooftop terrace, and co​​​​nference room.

Jones & Rio at 111 W. Jones Ave. includes 191 studio and one- and two-bedroom units. Amenities include a pool, fitness center, rooftop lounge, courtyard, and coffee bar. 

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