To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionUSAA Real Estate sells hotel in Texas
USAA Real Estate has sold La Cantera Resort & Spa in San Antonio to affiliates of Ohana Real Estate Investors. The financial terms were not disclosed.
The Resort has been a part of USAA Real Estate's portfolio and the cornerstone of the 1,700-acre La Cantera community since the firm developed it in 1999.
USAA Real Estate re-imagined and transformed the property in 2015/2016, enhancing all of the renowned amenities across the Resort's 630 acres, including some of San Antonio's finest dining and recreation venues, such as Signature Restaurant, Loma de Vida Spa, five pools and 36-holes of award-winning golf within the Resort Course and Palmer Course.
The recent repositioning and best-in-class offerings have established La Cantera as a leading luxury resort in the region, still enjoying robust demand post-COVID.
The Resort sits atop one of the highest points in all of San Antonio, with 496 guest rooms and suites, including 34 exclusive Villas, and 127,00