Passco Cos. has acquired Tribute at the Rim, a 380-unit, Class A+ luxury apartment community in San Antonio, Texas.
With San Antonio ranking among the top two cities in the United States for population growth for the past two years, this asset is an ideal complement to Passco’s existing portfolio, in line with the firm’s strategy to acquire Class A, core multifamily properties in markets with strong growth fundamentals, according to Jake Niles, director of acquisitions – west, at Passco Companies.
“Tribute at the Rim will continue to benefit from San Antonio’s strong job and population growth, as well as its unmatched positioning within the heart of The
