{"id":1004116058,"date":"2015-03-23T09:10:16","date_gmt":"2015-03-23T17:10:16","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=334492"},"modified":"2021-05-14T17:29:14","modified_gmt":"2021-05-15T01:29:14","slug":"regency-at-lookout-canyon-sold-through-ara-newmark","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/regency-at-lookout-canyon-sold-through-ara-newmark\/","title":{"rendered":"Regency at Lookout Canyon Sold Through ARA Newmark"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">Regency at Lookout Canyon, a Class A apartment complex located in north central San Antonio, has changed ownership. At the time of the sale, it was 95 percent occupied. The price was not disclosed.<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/Regency-at-Lookout-Canyon.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignleft size-medium wp-image-334493\" title=\"Regency at Lookout Canyon\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/Regency-at-Lookout-Canyon.png\" alt=\"\" width=\"300\" height=\"224\" \/><\/a>Patton Jones and Matt Michaelson of ARA Newmark represented the seller, a private investment group from Atlanta. The buyer is MTC Partners, Ltd. (formerly Millrock), represented in the transaction by Salt Lake City-based Bridge Investment Group Holdings.<\/p>\n<p style=\"text-align: justify\">\u201cRegency at Lookout Canyon was sought after by institutional and private investors looking for a light value\u00ad-add investment opportunity,\u201d said Jones. \u201cThey were drawn to the area\u2019s outstanding growth prospects, the property\u2019s excellent demographics and its unique townhome -style units.\u201d<\/p>\n<p style=\"text-align: justify\">Regency at Lookout Canyon was built in 2007. The complex offers one-, two-, three- and four-bedroom units. Apartment amenities feature spacious kitchens with double sinks, carpeting, crown molding, dishwashers and built-in microwave ovens. Community amenities include a resort-style pool, a hot tub, outdoor picnic and grilling areas, a 6,000-square-foot clubhouse, a business center, a health club, a playground, onsite parking and garages.<\/p>\n<p style=\"text-align: justify\">The community is located at 25675 Overlook Parkway, close to major employment areas including The Ridgewood Business Park, a 122-acre business park, and Stone Oak Medical Center. Highway 281 and Loop 1604 ease transportation for the residents. The Village at Stone Oak shopping center is also nearby, offering retail services such as Super Target, Eddie Bauer, Bath &amp; Body Works, as well as restaurants and a cinema. The Shops at La Cantera is 20 minutes southwest of the property, offering 1.3 million square feet of retail and restaurant space, including Neiman Marcus, Tiffany &amp; Co., Kona Grill and BRIO.<\/p>\n<p style=\"text-align: justify\"><em>Photo courtesy of <a href=\"https:\/\/www.regencyatlookoutcanyon.com\/\" rel=\"nofollow\">Regency at Lookout Canyon<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1607],"tags":[],"class_list":["post-1004116058","post","type-post","status-publish","format-standard","hentry","category-latest","category-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>Regency at Lookout Canyon Sold Through ARA Newmark - 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\/regency-at-lookout-canyon-sold-through-ara-newmark\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regency at Lookout Canyon Sold Through ARA Newmark\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/regency-at-lookout-canyon-sold-through-ara-newmark\/\" \/>\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=\"2015-03-23T17:10:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T01:29:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/03\/Regency-at-Lookout-Canyon.png\" \/>\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\\\/regency-at-lookout-canyon-sold-through-ara-newmark\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/regency-at-lookout-canyon-sold-through-ara-newmark\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"Regency at Lookout Canyon Sold Through ARA Newmark\",\"datePublished\":\"2015-03-23T17:10:16+00:00\",\"dateModified\":\"2021-05-15T01:29:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/regency-at-lookout-canyon-sold-through-ara-newmark\\\/\"},\"wordCount\":288,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/regency-at-lookout-canyon-sold-through-ara-newmark\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/Regency-at-Lookout-Canyon.png\",\"articleSection\":[\"News\",\"San Antonio\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/regency-at-lookout-canyon-sold-through-ara-newmark\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/regency-at-lookout-canyon-sold-through-ara-newmark\\\/\",\"name\":\"Regency at Lookout Canyon Sold Through ARA Newmark - 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