August 11, 2020

ASREF Closes Its Largest Investment Into Workforce Housing Development in San Antonio

ASREF invests $10.6 million to repurpose a 30-year vacant Texas air conditioning plant, in community with 36% poverty rate, into 347 units of multifamily housing.

“Impact Fund Closes Its Largest Deal With Plans For Texas Affordable Housing.”
Candace Carlisle profiles ASREF’s investment to transform a former plant site into Friedrich Lofts, a new downtown gateway in San Antonio’s East Side neighborhood. To read the full CoStar News article, click below.

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ASREF Closes Its Largest Investment Into Workforce Housing Development in San Antonio

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