SPI Advisory Completes Acquisition of 164-Unit Riverbend Apartment Community Located in The Heart of New Braunfels, Texas
NEW BRAUNFELS, TX - SPI Advisory (“SPI”) and its partners finalized the acquisition of Riverbend Apartments (formerly known as “Hawthorne Riverside”), a 164-unit, Class A- institutional-quality apartment community built in 1995. The property is conveniently located between the San Antonio and Austin metros along the I-35 corridor in the heart of New Braunfels, a booming submarket at the edge of the hill country showcasing two idyllic rivers, the Comal and the Guadalupe,...