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Regency at Lookout Canyon sold in San AntonioRegency at Lookout Canyon sold in San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=15042015-03-11T11:43:00Z2015-03-11T00:00:00Z

SAN ANTONIO - Utah-based Bridge Investment Group Holdings has closed on the purchase of The Regency at Lookout Canyon — a 320-unit multifamily complex located in North San Antonio, near the prestigious Stone Oak community.

Rents currently start at $850 for a one-bedroom and go up to more than $1,800 for a four-bedroom apartment. Occupancy at the time of the sale was 95 percent.

The Regency property sale comes on the heels of two other large sales made last month — Signature Ridge, a 612-unit property that was purchased by Railfield Realty Partners for $44.6 million; and The Landmark, a 426-unit complex purchased by Presidium.

San Antonio Business Journal
San Antonio-New Braunfels
Multifamily
http://www.bizjournals.com/sanantonio/news/2015/03/09/regency-at-lookout-canyon-sold-to-out-of-state.htmlRead more at {Source}

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