The downtown San Antonio apartment market, which city leaders went to such great effort to grow, has matured to a point where it is drawing major attention from out-of-town investors.
Strategic Property Investment
Newstream Capital, from a northern suburb of Fort Worth, bought two properties on Villita Street, across from the Tower Life Building. The firm is still deciding what to build on them.
The 338-unit Encore SoFlo, one of the recent apartment buildings to breathe life into the area north of the H-E-B SoFlo Market, has been purchased by Texas firm Strategic Property Investment.