Big-dollar investors squeeze into San Antonio s tight housing market
Richard Webner, Contributor
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Out-of-town real estate investment firms, some of them backed by large institutional investors, are snapping up houses across San Antonio to rent or sometimes flip. These firms have acquired multiple properties on the same block on this street, Forest Canyon, in the Canyon Crossing neighborhood.Billy Calzada /Staff Photographer
In 2019, Lennar Homes of Texas finished construction of Escondido North, a subdivision of 334 one- and two-story homes packed onto thin lots in one of the few remaining wedges of undeveloped land within Loop 1604 in Converse.
By the end of the year, all the Northeast Side homes had been sold and it’s easy to see why.