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Thompson San Antonio – Riverwalk Hotel Heads to Auction
The Thompson San Antonio – Riverwalk hotel is up for sale. The property includes 162 hotel rooms and 59 condominiums. According to the San Antonio Business Journal, affiliated lenders Sunrise Realty Trust and Southern Realty Trust have issued a default notice for the hotel portion of the building at 115 Lexington Ave., which the two refinanced with a $44 million loan in 2024.
The building’s uses are divided under a condominium agreement, and only the hotel portion is affected by the default notice. DC Partners, the developer, is the current owner.
A foreclosure auction is scheduled for March 3 at the Bexar County Courthouse.
DC Partners is an international real estate investment and development firm based in Houston, specializing in luxury high-rise residential, mixed-use, and hospitality projects. Founded in 2011, the company has raised more than $325 million in foreign investment and has successfully completed 11 projects across Texas totaling over 4 million square feet.
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