Live Oak Mira Loma complex sold

LIVE OAK, BEXAR COUNTY - Crescent RE Holdings has closed on the Mira Loma Apartment complex, a 378-unit property.

The property​ is the first San Antonio-area asset in Crescent’s growing portfolio.

Crescent secured a $32 million mortgage through Berkeley Point. According to the Bexar County Appraisal District, the property was valued at $41.3 million.

Crescent RE Holdings is the partnership between Goff Capital Partners LP and international investment bank Barclays Capital.

This transaction exemplifies the appeal San Antonio’s multifamily market​ has among a high class of institutional investors.​