Austin-based investor acquires San Antonio multifamily property
JLL secures sale of Victorian Village in northeast San Antonio
SAN ANTONIO, May 8, 2019 – JLL announced the sale of a 170-unit multifamily property in northeast San Antonio today.
JLL Capital Markets experts successfully negotiated the sale of Victorian Village located 5315 Gawain Drive in San Antonio, on behalf of Leslie P. Busick. GVA Real Estate Group acquired the property.
JLL Senior Vice President Zar Haro, Senior Vice President Moses Siller and Robert Arzola lead the marketing and sales efforts.
“Victorian Village is the latest example of quality, value-add multifamily opportunities in demand in San Antonio,” said Haro. “Job gains, strong economic fundamentals and the area’s overall quality of life are driving significant investor interest to our market. Strategic capital investments by new ownership will amplify its immediate and long-term returns."
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 delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2017 alone, the firm’s 2,400 Capital Markets specialists completed $170 billion in investment sale and debt and equity transactions globally.
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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 annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com