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

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Singing Hills wins 2 Best in Commercial Real Estate Awards

Singing Hills

Singing Hills

Eleven development projects and transactions have been chosen as winners in 12 categories of the San Antonio Business Journal’s Best in Commercial Real Estate Awards.

For the developments and deals portion of the awards, a panel of judges considered nominations received and chose these winners in the following categories: …Read Entire Post


REOC facilitates sale of 780 acres north of San Antonio

4S Ranch Bulverde

4S Ranch Bulverde

Lennar Homes recently purchased 780 acres of land commonly known as 4S Ranch, located between Smithson Valley Rd., FM 1863 & Stahl Lane in the extra-territorial jurisdiction of Bulverde – a satellite community situated just north of San Antonio.  The seller, a group of local investors known as Stahl Lane, Ltd. and 633-4S Ranch Ltd., was represented by Kurt VanderMeulen and Joyce Jane Weedman of REOC Austin.  “The site, which is located next to Lennar’s Johnson Ranch master-planned community, is Master Planned for 1,800 single-family homes,” says VanderMeulen.

Click to read Lennar purchases 780-acre 4S Ranch in Bulverde, TX (PRWeb, 3-04-15)


San Antonio home prices hit record high in June

The median price for an existing single-family home hit a record high of $188,200 in June, up 5 percent compared to the same month last year, according to the San Antonio Board of Realtors (SABOR).

Activity also picked up. June sales totaled 2,474 – up 6 percent compared to June 2013 and a reversal of the decline posted last month.

The San Antonio market has recorded a total of 11,655 homes …Read Entire Post


Housing boom bigger in Texas

Texas, known for its open spaces and cheap property, is experiencing the types of real estate bidding frenzies seen in tightly built markets from New York to San Francisco as job gains generate a suburban land rush. Existing-home prices in Dallas and Houston are rising faster than at any time since the oil boom of the 1980s. Homebuilders, caught off guard by the ferocity of buyer demand, are exhausting construction-ready lots as they struggle to recruit workers to complete houses quickly.

The boom shows that the U.S. real estate market’s rebound is extending beyond areas such as Arizona, Florida, California and Nevada, where prices are …Read Entire Post


San Antonio No. 4 in top rental markets

San Antonio’s affordable lifestyle and impressive growth make it hot market for not only homebuyers, but renters too, according to’s list of Top 10 Rental Markets.

The Alamo City took the No. 4 spot on the list.  The median rental rate for San Antonio-area homes, apartments or condos currently stands at $1,100.

Also making’s rent-friendly list were the Texas cities of Austin, ranked at No. 2; and Houston, which came in at No. 10.

Click to read entire article: San Antonio No. 4 in top rental markets (San Antonio Business Journal, 6-5-13) and’s Top 10 U.S. Rental Markets (, 6-5-13)


Birdsong Peanut Plant slated to become apartments

Former Birdsong Peanut Plant

Locally-based 210 Developers plans to refurbish the former Birdsong peanut processing plant located at 1025 S. Frio St. into an apartment building.  The existing 19,000 square-foot structure was built in the early 1900’s and is located five blocks south of the UTSA Downtown Campus.  The project, to be known as the Birdsong Peanut Factory Lofts, will deliver 98 new units — half of which could be student housing.

Click to read article: Peanut plant near campus to become lofts (San Antonio Express-News, 12-11-12)


Texas is a well-oiled real estate machine

A recent CNBC article referred to Texas as a “well-oiled real estate machine” based on the evidence that residential real estate is reaping the benefits of an economy supported by energy production which has created jobs and bolstered demand.  The article cited Jim Gaines, research economist at the Real Estate Center at Texas A&M University, who said, “The middle of the country, the spine, has done much better than the two coasts.  A common thread is energy, from Texas to the Dakotas — there has been a real boom time due to the exploration and drilling activity.”

Click to read the full article: Texas is a well-oiled real estate machine (CNBC, 3-30-12)