Hospital-to-Resi Conversion Coming to San Antonio River Walk
Hospital-to-residential conversion is coming for a 24-story historic property fronting San Antonio’s River Walk. Houston-based InnJoy Hospitality plans to convert the former Nix Medical Center at 414 Navarro Street into apartments, the San Antonio Express News reported. The number of units hasn’t been disclosed. Documents filed with the state estimate construction costs at $10 million. […]
Ready Capital to Foreclose on Historic San Antonio Buildings
A stalled historic conversion effort in downtown San Antonio may be on the verge of unraveling altogether. The Hedrick Building, at 601 North St. Mary’s Street, is set to hit the Bexar County foreclosure auction block next month, potentially upending plans to convert the 10-story, 42,000-square-foot building into an extended-stay hotel, the San Antonio Express […]
Sunstone Drops $230M on San Antonio Hotel
Sunstone Hotel Investors is splashing into the Lone Star State with an eye-popping hotel deal in downtown San Antonio. The California-based firm struck a deal with Hyatt Hotels to buy the 630-key Hyatt Regency San Antonio Riverwalk, at 123 Losoya Street, for $230 million, marking its first Texas acquisition, the San Antonio Business Journal reported. […]
Denholtz Buys 213K SF Warehouses Between Austin and San Antonio
New Jersey-based investor Denholtz Properties has purchased a recently built industrial project in San Marcos from Freehill Development. It is Denholtz’s first acquisition in Texas. The property, called Clovis Crossing, is made up of two buildings spanning 213,000 square feet at 1603 Clovis Barker Road. The shallow-bay industrial development has 32-foot ceilings and covers 13 […]
Endeavor Splits San Antonio Office Complex Into Three Listings
Weak demand has led Endeavor Real Estate Group to divvy up a San Antonio office complex that it’s been trying to sell for almost two years. After struggling to land a buyer for the three-building Forum Offices, at 8000 Interstate 10 West on the city’s Northwest Side, Endeavor has listed each structure separately, the San […]
