{"id":1004087167,"date":"2013-11-18T21:26:17","date_gmt":"2013-11-19T05:26:17","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=217676"},"modified":"2020-05-13T00:54:21","modified_gmt":"2020-05-13T08:54:21","slug":"hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\/","title":{"rendered":"Hunter\u2019s Ridge Becomes Elm Creek Apartments After Presidium Group Acquisition"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\">Formerly known as Hunter\u2019s Ridge, the apartment complex at 2358 NW Military Highway, near Hardberger Park, has a new owner and a new name. Presidium Group, a Dallas-based real estate investment and management firm, added the community to its portfolio. A rebranding process led to its being renamed as Elm Creek Apartments.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/Elm-Creek-Apartments-San-Antonio.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-217677\" title=\"Elm Creek Apartments San Antonio\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/Elm-Creek-Apartments-San-Antonio.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/a>The property offers 81 units in five different floor plans, including from one to four bedrooms. A $1.1 million renovation to both the interiors and the exteriors will include upgraded flooring, lighting fixtures, appliances, hardware and plumbing. Exterior work includes landscaping, exterior wall upgrades, a pool and leasing office improvements.<\/p>\n<p style=\"text-align: justify;\">\u201cThe location of this acquisition, coupled with the renovation and rebranding efforts, significantly increase the potential value of the property,\u201d Cross Moceri, co-chief executive officer of Presidium, reported to the <em><a href=\"https:\/\/www.bizjournals.com\/sanantonio\/blog\/2013\/11\/presidium-group-adds-former-hunters.html?iana=ind_cre\" rel=\"nofollow\">Business Journal<\/a><\/em> .<\/p>\n<p style=\"text-align: justify;\">According to the company\u2019s <a href=\"https:\/\/www.presidiumre.com\/news\/6-oakwell-springs-san-antonio\/\" rel=\"nofollow\">website<\/a>, Elm Creek Apartments is its second acquisition in the San Antonio area. In September, Presidium Group created a joint venture with Los Angeles-based private real estate investment firm Tryperion Partners to acquire Oakwell Springs, a 252-unit apartment complex located in the northeast submarket of San Antonio.<\/p>\n<p style=\"text-align: justify;\">\u201cSan Antonio\u2019s real estate market is very attractive, and this acquisition is part of our long-term strategy to grow our presence in this market,\u201d said Moceri.<\/p>\n<p style=\"text-align: justify;\"><em>Photo courtesy of <a href=\"https:\/\/www.elmcreekapt.com\/index.aspx\" rel=\"nofollow\" >Elm Creek Apartments<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Formerly known as Hunter&rsquo;s Ridge, the apartment complex at 2358 NW Military Highway, near Hardberger Park, has a new owner and a new name. Presidium Group, a Dallas-based real estate investment and management firm, added the community to its portfolio. After a re-branding process they named it Elm Creek Apartments.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1607],"tags":[1815,39471],"class_list":["post-1004087167","post","type-post","status-publish","format-standard","hentry","category-latest","category-san-antonio","tag-national","tag-san-antonio"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hunter\u2019s Ridge Becomes Elm Creek Apartments After Presidium Group Acquisition - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hunter\u2019s Ridge Becomes Elm Creek Apartments After Presidium Group Acquisition\" \/>\n<meta property=\"og:description\" content=\"Formerly known as Hunter&rsquo;s Ridge, the apartment complex at 2358 NW Military Highway, near Hardberger Park, has a new owner and a new name. Presidium Group, a Dallas-based real estate investment and management firm, added the community to its portfolio. After a re-branding process they named it Elm Creek Apartments.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-19T05:26:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T08:54:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/Elm-Creek-Apartments-San-Antonio.jpg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"Hunter\u2019s Ridge Becomes Elm Creek Apartments After Presidium Group Acquisition\",\"datePublished\":\"2013-11-19T05:26:17+00:00\",\"dateModified\":\"2020-05-13T08:54:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\\\/\"},\"wordCount\":233,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/11\\\/Elm-Creek-Apartments-San-Antonio.jpg\",\"keywords\":[\"National\",\"San Antonio\"],\"articleSection\":[\"News\",\"San Antonio\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hunters-ridge-becomes-elm-creek-apartments-after-presidium-group-acquisition\\\/\",\"name\":\"Hunter\u2019s Ridge Becomes Elm Creek Apartments After Presidium Group Acquisition - 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