GenCap Partners Secures $46.5 Million Refinance Loan For Park At Westover Hills Apartments In San Antonio
4103 Rogers Road
$46,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 18, 2026
AI
4103 Rogers Road is a newly completed multifamily asset located in San Antonio, featuring 372 units housed within 14 buildings. The property is a Class A+ project, and the transaction involved a loan amount of $46.5 million for refinancing purposes.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $46,500,000
- Loan Type: Refinance
- Lender: Mike Dunsheath & Geoff Smith - Walker & Dunlop Investment Partners
- Landlord: GenCap Partners
- Broker Representatives: Stuart Wernick & Andrew "Drew" Garrison - Walker & Dunlop
GenCap Partners successfully secured the refinancing loan to support the Park at Westover Hills Apartments project, further contributing to the multifamily housing market in the San Antonio area.
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93