Rosewood Private Investments published plans this week to build a $40 million apartment complex in San Antonio.
Construction on the 359-unit, 400,000-square-foot project, at 3310 Oakwell Court in the city’s inner loop, could start as soon as Jan. 31 and is slated for completion in early 2025.
The private equity arm of the Hunt family’s Rosewood Corporation, Rosewood Private Investments’ portfolio includes aerospace and defense, IT services, manufacturing, and nutrition and wellness investments, according to its website. It acquired an 80-year-old Mississippi-based petroleum company, Ampet, and a petroleum services company this past January.
Details for the development haven’t been released.
Another company investing in the Alamo City’s multifamily market recently is the Carbon Companies.
That Dallas-based real estate company plans include a $45 million, 358,000-square-foot complex with three apartment buildings, a parking garage, a fitness room, a clubhouse and a pool.
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