Private equity firm purchases New Braunfels multifamily complexPrivate equity firm purchases New Braunfels multifamily complexhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=299712023-10-02T05:00:00Z2023-10-03T18:00:00Z

​NEW BRAUNFELS – Private equity firm SPI Advisory has acquired Hawthorne Riverside, a 164-unit multifamily complex.

Built in 1995, the property has one- and two- bedroom units, a pool, fitness center, volleyball court, pet park, clubhouse, business center, and outdoor grilling stations.

SPI Advisory plans to implement a value-add program and rebrand the property as Riverbend Apartments. ​​​

San Antonio-New Braunfels
https://rebusinessonline.com/spi-advisory-acquires-164-unit-riverbend-apartments-in-new-braunfels-texas/Read more at {Source}

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