08 Aug JLL’s Capital Markets Completes Villa Espada Apartments Sale
Excerpts from article By Jeffrey Steele in Multi-Housing News
The 240-unit community is the first market-rate asset in San Antonio’s Mission del Lago area, which has historically only seen affordable housing. The San Antonio market continues to benefit from multifamily activity born of an energy, tech and medical sector employment boom and resultant economic expansion.
In that environment, JLL’s Capital Markets experts, working on behalf of MissionDG, have completed the sale of Villa Espada Apartments. The Class A, 240-unit rental community in San Antonio’s Mission del Lago nook was purchased by Windmill Investments.