REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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San Antonio is considered “most prepared” for recession

We certainly hope that it doesn’t come to this but it is somewhat comforting to know that according to a recent study by Moody’s Investor Service reported by Yahoo News, San Antonio is considered to be most prepared for a recession.

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$2T Stimulus Bill is a Win for Commercial Real Estate

According to NAIOP analysis, the $2-trillion economic stimulus bill recently passed by House and Senate leaders in response to the COVID-19 pandemic, has multiple positive implications for commercial real estate.

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Axiom Capital Corp.: How healthy is today’s real estate market?

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As part of REBusinessOnline’s Finance Insight series, Charles Cronin of Axiom Capital Corp. recently discussed how the longest upcycle in history is impacting the lending environment. 

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664K-SF South Park Mall opens its doors to new owners

South Park Mall

Mason Asset Management, Namdar Realty Group and CH Capital Group purchased the 663,978 SF South Park Mall off Military Dr. in south San Antonio.
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Completion of $60M apartment project signals new era of downtown living

Courtyard at Encore SoFlo

Encore SoFlo, a new 339-unit apartment complex development in the Central Business District near Southtown, was recently completed by Dallas based, Encore Enterprises Inc. Surrounded by several other projects in the area, Encore SoFlo is creating a demand for retail and restaurants. …Read Entire Post

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Evo Entertainment to build its largest movie theater, entertainment center in SA

EVO Entertainment Plans

EVO Entertainment group is planning on developing its largest entertainment center yet in far West San Antonio. This complex is planned to be at Texas State Highway 151 and Military Drive being a part of the larger Escala development.
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Demand for Design Services Increases Across All Building Sectors

 

According to the American Institute of Architects, 2020 started the year on a strong note as architecture firm billings strengthened slightly in January.

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Global Commercial Property Investment Reached $800 Billion in 2019

Worldwide commercial real estate investment volumes increased by 10% in the fourth quarter of 2019, to $245 billion.

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CPS Energy to Sell Mission Road Power Plant as Energy Think Tank Pivots

Former Mission Road Power Plant

EPIcenter, a nonprofit created by CPS Energy, decided against using former Mission Road Power Plant as its headquarters saving an estimated $75 million in upgrades. …Read Entire Post

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A Rudderless Ship: A Hope for Affordable Housing

In hopes to create more affordable housing, the San Antonio Housing Trust offered $30 million in tax breaks without realizing rents are too high for majority of low-income residents.

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