The property asset involved in this transaction is a 330-unit luxury multifamily property known as The Sterling at Oak Hills, located at 7714 Louis Pasteur Drive in San Antonio's South Texas Medical Center area. This asset type is classified as MultiFamily. The acquisition represents AHV Communities' first multifamily investment within the San Antonio market, strategically positioned near major medical institutions, employers, and retail destinations.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Not specified
• Address: 7714 Louis Pasteur Drive
• Market: San Antonio
• Units: 330
• Buyer: Mark Wolf - AHV Communities
• Brokers: Patton Jones, Matt Michelson & Andrew Dickson - Newmark

This transaction highlights the involvement of key individuals, including Mark Wolf representing the buyer, AHV Communities, as they expand their portfolio into the San Antonio area. The brokerage team from Newmark, comprised of Patton Jones, Matt Michelson, and Andrew Dickson, facilitated this acquisition, contributing their expertise in the local real estate market.