Stan Beraznik Of 29th Street Capital Facilitates Sale Of 288-Unit Renata Apartments In San Antonio

The 288-unit Renata Apartments in San Antonio have been acquired by 29th Street Capital, with the purchase price remaining undisclosed. The property offers a mix of one- and two-bedroom units along with various amenities. Situated at 9939 Fredericksburg Road in Fredericksburg, the multifamily asset was purchased with the assistance of a $20 million Freddie Mac loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Undisclosed
• Units: 288
• Buyer: Stan Beraznik - 29th Street Capital
• Loan: $20 million Freddie Mac loan
• Address: 9939 Fredericksburg Road
• Market: Fredericksburg

Stan Beraznik, representing 29th Street Capital, led the acquisition of the Renata Apartments in San Antonio. The purchase of this multifamily property marks a strategic investment in the Fredericksburg market, adding to the buyer's real estate portfolio. The transaction reflects 29th Street Capital's ongoing commitment to expanding its presence in the real estate sector.