The Preiss Co., along with Centaline Investment Management Co., has acquired The Estates at San Antonio.
Located at 6515 Hausman Road, the 288-bed, 58-building complex is comprised of 104 units in cottage-style, two-story buildings and is less than two miles from the University of Texas – San Antonio (UTSA).
“We remain bullish on the Texas university marketplace and are pleased to add our first student housing community serving the UTSA market,” said Adam Byrley, COO. “This marks our seventh community in the I-35 Corridor between Austin and San Marcos, creating numerous economies of scale and the ability to share best practices. Following its multi-million refurbishment, we are confident that The Estates at San Antonio will take its rightful place as the market leader.”
“With enrollment of more than 30,500 students, UTSA is well on its way to becoming a Tier 1 university,” noted Donna Preiss, founder and CEO, TPCO. “Since making it their g
