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Thompson Riverwalk Hotel Heads to Foreclosure Auction
The Thompson San Antonio – Riverwalk hotel is being offered for sale following a loan default. The property includes 162 hotel rooms and 59 condominiums. Affiliated lenders Sunrise Realty Trust and Southern Realty Trust have issued a default notice for the hotel portion of the building at 115 Lexington Avenue, which they refinanced with a $44 million loan in 2024.
The building’s uses are separated under a condominium agreement, and only the hotel component is affected by the default notice. DC Partners, the developer of the project, 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 firm 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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