Rosewood Property Company has secured refinancing for Ventura Ridge, a 482-unit class A multifamily community in San Antonio.
JLL worked on behalf of the borrower in arranging the loan through New York Life.
Ventura Ridge, located at 5602 Presido Pkwy. in northwest San Antonio, offers a strategic setting with exceptional accessibility. Situated near major transportation arteries Interstate 10 and Loop 1604, the property provides easy access to universities like UTSA and Fortune 500 employers. The community's location is enhanced by proximity to top retail destinations The Rim and Shops at La Cantera.
Ventura Ridge is a four-story midrise apartment community built in 2015, spanning 406,759 square feet. The property offers a mix of one-, two- and three-bedroom apartment homes, with an average home size of 844 square feet. The apartments boast features including soaring 10-foot ceilings, layouts with walk-in closets and additional storage, views from patios and ext