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Benefit Street Partners sells San Antonio multi-housing community
Transactions - MAY 16, 2024

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Benefit Street Partners sells San Antonio multi-housing community

by Denise Moose

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.

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