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SPI Advisory Acquires 164-Unit Riverbend Apartments in New Braunfels, Texas

SPI Advisory Acquires 164-Unit Riverbend Apartments in New Braunfels, Texas

Taylor Williams, REBusinessOnline | September 29th, 2023


RIVERBEND APARTMENTS

NEW BRAUNFELS, TEXAS — Texas-based private equity firm SPI Advisory has acquired Hawthorne Riverside, a 164-unit multifamily complex in New Braunfels, a northwestern suburb of San Antonio.

SPI Advisory plans to implement a value-add program and rebrand the property as Riverbend Apartments.

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