Mike Mortazavi Of Avia Equities Acquires 190-Unit Blair At Bitters In San Antonio

The property involved in this transaction is a 190-unit garden-style multifamily community located at 400 West Bitters Road in San Antonio, TX. The asset type is multifamily, and it represents Avia Equities' entry into the San Antonio market, as well as an expansion of its Central Texas portfolio. The acquisition was financed through a Freddie Mac loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 190
• Address: 400 West Bitters Road
• Market: San Antonio, TX
• Buyer: Mike Mortazavi
• Company: Avia Equities

Mike Mortazavi of Avia Equities represents the buyer in this transaction. The firm plans to implement value-add renovations to the property, which is classified as workforce housing.