San Antonio

Regency at Lookout Canyon, a Class A apartment complex located in north central San Antonio, has changed ownership. At the time of the sale, 95 percent occupancy was reported. The price was not disclosed.

A new senior living community will be developed by PinPoint Commercial, LP in the Aldea master planned community. The Legacy at Santa Fe will be located at the intersection of Avenida Aldea and Camino Botanica.

Los Angeles-based KB Home, recently announced the opening of the newest phase of single family homes at CrossCreek, a community located in northwest San Antonio, one of the most active real estate markets of the city.

Intercontinental Real Estate Corporation headquartered in Boston announced the acquisition of Artessa at Quarry Village in San Antonio. The acquisition of the luxury mixed-use retail and apartment property was led by Senior Director of Acquisitions, Steve Centrella and Associate Director of Acquisitions, Chris LaFrance.

The vertically integrated global real estate investment and services firm Kennedy Wilson, with headquarters in Beverly Hills, CA, recently announced the sale of the historic mixed-use Aztec Theatre in San Antonio.

Dallas-headquartered Presidium Group, LLC has announced on February 10th its first acquisition in 2015, the residential complex The Landmark located in the vicinity of San Antonio’s Medical Center. With this purchase, the number of apartment units owned and operated by Presidium in the San Antonio area has exceeded 2,000.

Texas-based builder of housing developments LGI Homes has acquired recently 239 acres of residential land at the Luckey Ranch master-planned community in San Antonio. The seller was Kalikow Group on behalf of KEP Luckey Ranch Global Associates and the sale price remains undisclosed.

The multifamily team of CBRE Capital Markets announced another sale on behalf of an anonymous seller. The property in question is San Antonio’s Legacy Heights; the new owner is Cottonwood Residential of Salt Lake City, Utah. The price of the transaction was not disclosed.

The Broadstone Colonnade apartment complex was sold to an anonymous buyer for an undisclosed price. The seller, Missouri-based Price Development Group, has been represented in the transaction by CBRE Capital Markets through Charles Cirar, Ryan Epstein, and Michael Wardlaw.

The RADCO Companies, an Atlanta-based apartment investment and redevelopment company announced the acquisition of a three-property multifamily portfolio that encompasses 916 units in Houston and San Antonio. Trails of Westlakes residential complex of San Antonio consists of 336 units, and as the two Houston properties, has been foreclosed upon in 2011 by Frannie Mae, the seller.