StoneRiver Company Acquires Multifamily Property In Far Northwest, San Antonio

StoneRiver Company has acquired a multifamily property located at 5511 Pecan Springs Rd. in the Far Northwest market of San Antonio. The property, consisting of 344 units, was sold by American Landmark. The transaction was facilitated by Will Balthrope and Drew Garza from Institutional Property Advisors.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 344
• Date: 08/22/2022
• Address: 5511 Pecan Springs Rd.
• Market: Far Northwest, San Antonio

StoneRiver Company, led by Joseph Welden, successfully completed the acquisition of the multifamily property. The transaction was facilitated by Will Balthrope and Drew Garza from Institutional Property Advisors, who acted as brokers for StoneRiver Company in the deal with American Landmark.