Colliers Mortgage has closed on a Department of Housing and Urban Development loan for an affordable housing complex in San Antonio, turning to an increasingly popular investment at a time when oversupply is putting a drag on rent prices across the Sun Belt.
San Antonio Apartment Loan Shows Wider US Push Into Affordable Housing
Investors See Asset Class as Hedge Against Deflating Rents
By Jon Leckie
CoStar News
January 17, 2024 | 5:23 P.M.
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IN THIS ARTICLE
- Properties
- Sunstone Apartments
4740 Culebra Rd, San Antonio, TX
- Companies
- Nuveen
Finance and Insurance
- CBRE
Real Estate
- Hudson Valley Property Group
Real Estate