JLL secures sale of northeast San Antonio apartment community
GVA Pro, LLC acquires property from Triad Real Estate Consulting Group
SAN ANTONIO, December 10, 2018 – JLL announced the transition of a 164-unit multifamily asset in northeast San Antonio today. JLL Capital Markets experts successfully negotiated the sale of Whispering Hills, located at 13658 O’Connor Road in San Antonio, on behalf of Triad Real Estate Consulting Group. GVA Pro, LLC acquired the property.
JLL Senior Vice Presidents Moses Siller and Zaro Haro lead the marketing and sales efforts.
“The San Antonio multifamily market continues to see significant demand from investors,” said Siller. “Whispering Hills provides a great example of a prime, value-add opportunity. The region’s continued job gains, strong fundamentals and overall quality of life are driving market activity. Add to that Whispering Hill’s accessibility to amenities and major employers, with the right capital improvements new ownership will be able to capitalize in the immediate and long-term.”
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 2,000 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 operations in over 80 countries and a global workforce of 88,000 as of September 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com