Hunter Hotel Advisors facilitated the sale and financing of the Home2 Suites by Hilton San Antonio North Stone Oak. A San Diego-based investor purchased the property from an institutional seller for an undisclosed price.
Located in San Antonio, the second most populous city in Texas, the hotel sits within a densely developed commercial corridor, 10 minutes from San Antonio International Airport. The property is near major attractions including SeaWorld San Antonio, Six Flags Fiesta Texas and Downtown San Antonio. Visitors are drawn to destinations such as The River Walk, a 15-mile urban waterway and pedestrian promenade, and The Alamo Mission, an 18th-century Spanish fortress. Hotel demand is further strengthened by San Antonio’s robust military presence, including Joint Base Camp Bullis and Randolph Air Force Base.
The hotel has 106 guestrooms, each equipped with a kitchenette. Amenities include daily breakfast, an on-site fitness center and an outdoor pool.
Hunter’s Texas office—led by SVP Kami Burnette and VP Mason McDavid—facilitated the transaction, marking their eighth closing in the past year and generating more than $105 million in sales. Adeel Amin, SVP, capital markets, arranged financing on behalf of the buyer.
“Despite prevailing economic headwinds and a notable sell-off in the U.S. Treasury market during the underwriting period, our team successfully executed a fixed-rate debt placement at a rate well below the initial quote,” said Amin. “The finalized CMBS loan structure exhibits an 11.5% debt yield, secured at a fixed interest rate of 7.37% on an interest-only basis. This outcome underscores our ability to navigate volatile market conditions and optimize financing terms for our clients despite the outside noise.”
Burnette added, “We are excited to facilitate the sale of the Home2 Suites Stone Oak San Antonio on behalf of a long-term client. Timing for this transaction allowed the buyer to allocate 1031 proceeds to a premium-branded, extended-stay property in a dynamic market.”
