Quarry Capital Acquires The View At TPC In San Antonio For $70.8M

The View at TPC, a luxury property consisting of 416 units in San Antonio, has been sold by Cortland to Quarry Capital-affiliated 4092 TPC LLC for $70.8 million. The property, located at 4092 TPC Parkway, offers upscale living in a desirable location in the San Antonio multifamily market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $70,800,000
• Address: 4092 TPC Parkway
• Market: San Antonio

The sale of The View at TPC marks a successful transaction between Cortland and Quarry Capital's David Kitson. It follows Cortland's previous acquisition of the property in 2016 from W3, with financing provided by Lincoln Financial Group. Cortland's preference for upscale properties in the San Antonio multifamily market is evident in their strategic selling of The View at TPC.