TRYPERION-PRESIDIUM JOINT VENTURE BUYS 252-UNIT SAN ANTONIO APARTMENTS

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Friday, September 20, 2013
September 20, 2013
TRYPERION-PRESIDIUM JOINT VENTURE BUYS 252-UNIT SAN ANTONIO APARTMENTS
SAN ANTONIO  Tryperion Partners and Presidium Group have formed a joint venture to acquire Oakwell Springs, a 252-unit apartment complex in the northeast submarket of San Antonio. The partnership plans renovations  for the property including new interior finishes, enhanced amenities and landscaping and refurbished exteriors. Tryperion is a Los Angeles-based private real estate investment firm focusing on value-add opportunities in the office, retail, hospitality and multifamily sectors in secondary markets in western states. Presidium is an investment and management  firm specializing in Texas multifamily properties and currently has more than 6,000 units under management.
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