SAN ANTONIO — JLL Capital Markets has arranged the sale and financing of Cottages at Leon Creek, a 284-unit build-to-rent community in San Antonio. Located at 12839 Berthoud Ln., Cottages at Leon Creek was originally built as a student housing asset. The property has since been repositioned as a single-family rental community.
Cottages at Leon Creek now offers two-, three- and four-bedroom units. Select units feature fenced-in private yards. Amenities include a pool, fitness center, pickleball court, private workstations and a cinema. The asset also offers direct access to the Leon Creek Greenway.
JLL represented the seller and procured financing for the buyer in the deal. Neither party’s identity was disclosed. Robert Arzola, Ryan McBride and Robert Wooten led the JLL Capital Markets Investment Sales and Advisory team. Matthew Putterman and Daniele Colbertaldo comprised the BTR/Single Family Residential team. Jayme Nelson, Brian Carlton and Leon McBroom led the Debt Advisory team.