San Antonio Plays To Its Strength, And It's Not Tourism
October 4, 2017

San Antonio Plays To Its Strength, And It's Not Tourism

Developer Marty Wender wanted to be a dominant center in the National Basketball Association when he was a young boy. But he realized early on he would never be 7-feet tall.

The same goes for the San Antonio real estate market, said Wender, owner of Martin Wender Real Estate & Investments. There is no reason San Antonio should pretend it is going to be something that it never will.

“We really need to be who we are and not do somebody else,” Wender told attendees at the Bisnow State of the Market Thursday. “We're not going to be Dallas. We're not going to be Houston, thank God. And we're…

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Red McCombs: Amazon Effect Here To Stay

The Amazon effect is here to stay, billionaire Red McCombs told the crowd at Bisnow's San Antonio State of the Market event Sept. 28, in an upbeat speech on optimism and grit. McCombs, the owner of Red McCombs Automotive Group and co-founder of…

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San Antonio Multifamily Is Hotter Than Ever Before

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As young adults aged 20 to 34 flood San Antonio's service and corporate job sector — but single-home price gains outpace wage growth — Texan millennials and their young families are ramping up the city's multifamily market. Officials estimate San Antonio will…

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San Antonio Apartments: When Demand Hits The Cost Wall

Angelique Goodnough does not measure Roscoe Properties' apartment complexes as "suburban" or "urban." "My preference is properties that perform," Goodnough, an executive vice president at the company, told the audience at Bisnow's San Antonio State of the Market, drawing a laugh.…

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Vegas Gunman's Real Estate Ties

Stephen Paddock, the gunman who killed at least 59 people and injured more than 500 in Las Vegas Sunday night, once owned a few properties in Texas. Although some news outlets (including the Associated Press) Monday referred to Paddock as…

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Austin's Office Landlords Turn To Digital Connectivity To Attract Tech Talent

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Hotel Developers, Investors Look To Crowdfunding As Industry Struggles Abound

The hotel sector is experiencing headwinds. New supply threatens to outpace demand, and the industry is being forced to get creative to secure funding as financial institutions remain conservative in their lending.

Some hotel developers have begun looking to crowdfunding as an alternative for both fundraising and investment.

"[There is] a gaping need for financing. That's why people are starting to step into [crowdfunding], as are we,” RealtyShares Vice President and Head of Commercial Real Estate Debt Originations Bill Lanting said. 

Hotel developer Driftwood Acquisitions & Development recently launched a crowdfunding platform for investors to grab equity stakes in hotels. 

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The Beginner's Guide To CRE Tech: Making Sense Of The CRE Tech Landscape

As investors and venture capitalists pour billions into the next wave of property tech, it is spurring greater competition in an already congested market.

New tech concepts are popping up left and right, with VC funds having poured $1.37B into real estate tech startups in seed capital and Series A funding as of June 30 — and each is fighting for market share.

“Ultimately there's too much noise, that's the problem,” said Elliot Vermes, CEO of valuation and deal management platform redIQ

As a result, players in the sphere are getting creative to market their solutions to customers and make sense of the CRE landscape.

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