Joe Shields' McCombs Enterprises Acquires Former Holiday Inn In Downtown San Antonio

The McCombs family has acquired a former Holiday Inn located at 318 West Cesar Chavez Boulevard in San Antonio. The property, situated near the River Walk, spans approximately 4.5 acres. Previously, the hotel was leased for homeless housing until October 2025. The acquisition by Joe Shields of McCombs Enterprises presents an opportunity for potential redevelopment.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: Not specified
• Address: 318 West Cesar Chavez Boulevard, San Antonio
• Market: San Antonio
• Buyer: Joe Shields - McCombs Enterprises
• Seller: Deepak Israni - Pacifica Companies

The purchase of this former Holiday Inn in downtown San Antonio marks a strategic move by Joe Shields, representing McCombs Enterprises. The acquisition provides the McCombs family with full control over the prime property and sets the stage for potential future redevelopment.