Low interest rates and rising inflation drive a demand for returns from residential real estate.
The San Antonio, TX property sold for $53.8 million and the company expects to gain more than $12 million from the sale.
The investment generated a 15x multiple return for investors after a 10-year hold.
Sponsored by essensys
Sponsored by Placer Labs Inc.
- Exclusive discounts on ALM and GlobeSt events.
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.
Copyright © 2022 ALM Global, LLC. All Rights Reserved.