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San Antonio's affordability makes it a popular destination for new residents along with a hot secondary investment market while Houston's economy continues to strengthen as employers accelerate hiring.
The full-service hotel is in phase one of a mixed-use development in Southlake that will span 16 acres, wherein the hotel will span five acres with 240 guest rooms and 10,000 square feet of meeting space.
Dallas-based privately held real estate investment firm The Landes Group recently completed the refinancing of 26 CVS stores with a combined asset total valued at more than $48 million.
The Camber-Advance Realty venture sold the four-building complex totaling 529,110 square feet to a partnership comprised of Los Angeles-based Cohen Asset Management, Inc. and Intercontinental Real Estate Corporation of Boston.