The Grand at the Dominion

SAN ANTONIO—The combination of a nearly full lease-up andupper-tier demographics make for an attractive asset in terms of anacquisition opportunity. Such was the case for the Grand at theDominion, a 320-unit class-A luxury community built in2015.

The property was recently sold by Embrey, acommercial real estate investment company with development,construction and property management operations. The buyer wasBluerock Real EstateLLC of New York City, a private equity real estate assetmanager with a focus on core-plus value-add development investmentstrategies.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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