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News release

San Antonio, TX

High-end multifamily asset in South Texas attracts new investor

JLL Capital Markets secures sale of Chaparral Place in Pleasanton, Texas


SAN ANTONIO, July 3, 2018 – JLL Capital Markets experts announced the sale of Chaparral Place in Pleasanton, Texas today. The 92-unit, Class A multifamily property is located about 30 miles south of San Antonio.

JLL Senior Vice President Moses Siller led the marketing and sales effort with Senior Vice President Zar Haro. Windmill Investments, LLC acquired the property.

"Chaparral Place is a unique, recently developed apartment community that provides a great Class A offering for this underserved community," said Siller. "Located in the heart of the largest U.S. oil play, the Eagle Ford Shale, the property has become the premier housing option for energy employees, demanding premium rates and offering great amenities."

Chaparral Place was built in 2013. The sale includes the 10.34 acres on which the property is situated.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge deliver the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2017 alone, the firm's 2,000 Capital Markets specialists completed $170 billion in investment sale and debt and equity transactions globally.

For more, please visit The Investor, an online and mobile app news source providing real-time commercial real estate news to asset buyers and sellers around the world.

For more content, including videos and research resources on JLL, please visit the firm's U.S. media center web page: http://bit.ly/18P2tkv.


About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with nearly 300 corporate offices, operations in over 80 countries and a global workforce of 83,500 as of March 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com