La fiesta apartments Sterling plans to invest in the property by improving landscaping and renovating interiors.

SAN ANTONIO—With a laser focus on class-B and -C multifamily assets, one joint venture finds value in the northeastern San Antonio market. Sterling Real Estate Holdings, a JV between Barker Pacific Group (BPG) and Pacific Real Estate Partners, recently acquired La Fiesta Apartments for an undisclosed price. The 111-unit apartment complex is situated in the Alamo Heights submarket.