Transaction Overview
George Smith Partners arranged $4,000,000 in equity financing for a ground-up build-to-rent development offering 195 three-bedroom units in San Antonio's Rim neighborhood. The property is located in Northwest San Antonio surrounded by ample retail, entertainment, and 90% of all Class A office space in the metro. New construction in the area has been limited over the past 24 months, positioning this project favorably. Construction is expected to complete in early 2028. Financing closed with a private investor.
