JLL completes sale of newly renovated San Antonio multifamily asset

SAN ANTONIO, April 4, 2019 – JLL Capital Markets experts announced today the successful sale of Nexus Urban Living in San Antonio. The 75-unit, recently updated multifamily asset, located at 6810 Glendora Road, was acquired by Nathan Mann, a New York City buyer.

JLL Senior Vice President Zar Haro lead the marketing and sales effort of the property, along with Senior Vice President Moses Siller and Vice President Robert Arzola, on behalf of the seller, 811 Darby, LLC.

“San Antonio is one of the most active multifamily markets in the US,” said Haro. “Not only do we have great economic fundamentals that make San Antonio a great place to live, work and play, but there are tremendous investment opportunities across a variety of product types and class levels. Nexus Urban Living is currently the best-in-class asset in one of our premier rental locations, and this transaction is the latest example of what’s driving investor interest from across the country."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’ 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.

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: U.S. newsroom.