San Antonio: Inland Private takes $31.5M walk in the park | San Antonio: Inland Private takes $31.5M walk in the park | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=10452 | 2015-09-01T05:00:00Z | 2015-09-01T14:00:00Z | ​SAN ANTONIO - Inland Private Capital Corp. is boosting its presence
in San Antonio by sponsoring a Delaware statutory trust for the purchase
of Park at Walker's Ranch, a 300-unit multifamily complex in the city's
North Central submarket for $31.5 million. The apartment complex is located at 14555 Blanco Rd. Park
at Walker Ranch's previous owner upgraded about half of the units, so
the objective in acquiring the property was to finish the rest with some
light renovations and surface finishings. The firm will also be building a dog park and giving the rest of the property a bit of a facelift. "We
want to re-establish it as one of the top rental points for tenants
looking for top-tier amenities," said Keith Lampi, president and COO of
Inland Private, adding that the firm will be investing an additional
$1.4 million in renovations around the complex. | San Antonio Business Journal
| San Antonio-New Braunfels
| Multifamily
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