San Antonio

There are about 74.7 million Millennials and 75.2 million Baby Boomers, according to Census data. San Antonio’s Baby Boomer population has seen an increase of 8 percent between 2000 – 2010, not only because of the sunny climate with moderate winters, but also due to its stable economy and affordable housing. Stream Realty Partners took note of them.

In West San Antonio, a new master planned community is introducing its single family homes. Arcadia Ridge is a secluded family-friendly oasis developed by five builders on 700 acres of scenic landscape.

Venterra Realty continues its expansion in San Antonio. Specialized in the identification, finance, acquisition, and management of multifamily residential communities in the southern United States, the firm recently acquired a 390-unit Class A community in the Medical District area of San Antonio.

Shortly after acquiring Renaissance Village at Shadow Lake in Houston, Texas, Fort Worth-based real estate investment firm Olympus Property has made its first step into the San Antonio market by purchasing the Tacara at Westover Hills apartment community. Details of the transaction remain undisclosed.

East of IH-35, between Engel Road and Solms Road, in historic German town New Braunfels, is located one of the newest Lennar communities, Briar Meadows; a model home was recently announced open.

Austin real estate company AquaLand Development announced the acquisition of Lone Star Brewery, the first large mechanized brewery built in 1884. The price of the transaction remains undisclosed.

Weston Urban, Frost Bank, and the City of San Antonio have finally agreed on a complicated land swap that has been on the negotiation table for almost a year. The decision will dramatically change San Antonio’s skyline by bringing to the downtown area the first office tower since 1989.

Austin-based developer of single-family homes, PSW Real Estate, recently announced that it has begun the construction of 26 green homes in Olmos Park. This is the company’s first development project in San Antonio, with two more following in Alamo Heights and South Town.

KB Home has entered its newest phase of development of single-family homes in the north central part of the city. The Oaks at Fox Grove has made ready for daily tours three fully decorated model homes.