Benefit Street Partners announced that it has sold Jones & Rio, a 191-unit, 2017-vintage, trophy multi-housing asset on the River Walk in San Antonio.
JLL worked on behalf of the seller.
Situated at 111 W. Jones Ave., Jones & Rio is located at the heart of the River North mixed-use district in downtown San Antonio. Conveniently positioned near the Pearl, a 23-acre mixed-use project, and just one block off the thriving Broadway corridor, the property boasts direct River Walk access, countless walkable urban amenities and proximity to prominent employers. In addition, Jones & Rio is one of only five class A multi-housing assets in the Downtown submarket with river frontage.
